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| 10 February 2010: BakBone Software Generates Revenue Growth and Continued Profitability |
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BakBone Software, Incorporated (OTC Bulletin Board: BKBO), a leading provider of Universal Data Management solutions, today announced its financial results for the third quarter of fiscal 2010, ended December 31, 2009. Third Quarter Fiscal 2010 financial and operational highlights include
-- GAAP Revenues $15.2 million
-- Operating Income $0.8 million
-- Net Income $0.6 million
-- Net Income per Share $0.01
-- Total Bookings $15.3 million
"Our third fiscal quarter results demonstrate the success of our focus on managing the business for profitability, while we continue to make investments in ColdSpark and other growth opportunities," said Jim Johnson, president and CEO, BakBone. "We reported a six percent increase in revenue in the recent third fiscal quarter compared with the same quarter last year and generated a profit of $0.6 million. Our bookings and GAAP revenues reflected strength in Europe and Asia, as well as strong maintenance contract renewals from existing customers across geographies."
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