Santeon Group, Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012
March 20, 2013 at 03:41 pm EDT
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Santeon Group, Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported revenues were $1,378,584 against $722,183 a year ago. Income from operations was $123,502 against $1,345 a year ago. Income before tax was $109,158 against loss of $18,324 a year ago. Net income was $109,158 or $0.09 basic and diluted per share against a loss of $18,324 or $0.02 basic and diluted per share a year ago.
For the year, the company reported revenues were $4,276,488 against $2,245,389 a year ago. Income from operations was $131,985 against loss of $483,013 a year ago. Income before tax was $185,815 against loss of $475,333 a year ago. Net income was $185,815 or $0.16 basic and diluted per share against a loss of $475,333 or $0.41 basic and diluted per share a year ago. Net cash provided by operating activities was $358,916 against net cash used in operating activities of $228,499 a year ago. Purchase of property and equipment was $7,434 against $12,427 a year ago.
Santeon Group Inc. is a diversified software development and services company. The Company is involved in the development of software to facilitate business process management (BPM) and document management for the healthcare, environmental/energy, and media sectors. Its BPM focuses on assembling together available data and logic from disparate applications, ensuring organizations can access the information they need when they need it in an organized process flow, without having to centralize the data or develop new applications. It specializes in optimizing both public and private sectors through its offering of training, consulting, coaching, software development outsourcing, and business process automation and optimization. It offers a range of services, such as data services, engineering services, software development, and agile training. It provides a complete suite of agile training courses designed to provide practical know-how and build individual and team capability.