Accelerated growth: InVision Software AG increases revenues in Q3 2010 by 50%

Record 9M revenues / EBIT Q3 app. 0.5 million EUR

Ratingen (Germany), (PresseBox) - According to preliminary figures, InVision Software AG (ISIN: DE0005859698), a leading international provider of enterprise-wide workforce management solutions, has increased revenues by app. 50% to app. EUR 4.2 million in Q3 2010 (Q3 2009: EUR 2.8 million). In the first nine months of 2010 revenues are expected to rise up by app. 16% to app. EUR 10.7 million (9M 2009: EUR 9.2 million). Based on its preliminary figures for the first nine months of 2010, the EBIT is projected to be improved by app. EUR 4 million to app. EUR -0.2 million (9M 2009: EUR -4.2 million). During the third quarter 2010, the EBIT will be at app. EUR 0.5 million (Q3 2009: -1.3 million).

According to the preliminary numbers, licence revenues totalled app. EUR 4.2 million in the first nine months of 2010. This represents app. 20 percent increase compared to the first nine months of 2009 (9M 2009: EUR 3.5 million). In the first nine months of 2010, maintenance revenues raised up by 12 percent to app. EUR 3.7 million (9M 2009: EUR 3.3 million). Services revenues are estimated to rise up 21 percent to EUR 2.9 million (9M 2009: EUR 2.4 million).

For the fiscal year 2010 InVision Software AG expects revenues of EUR 15 million and an EBIT of EUR 1 million.

The complete financial report for the first nine months of 2010 will be available for download beginning November 19th, 2010, at the Company's website

Press releases you might also be interested in

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.

I want to subscribe to the gratis press mail and have read and accepted the conditions.