Park City Group, Inc. (PCYG.OB) Previews Strong First Quarter Results
Park City Group, Inc., a retail supply chain solutions company, Friday announced that it expects fiscal first quarter Earnings per Share and EBITDA to exceed expectations with improvement driven by strong revenue growth and expense management initiatives. Highlights of fiscal first quarter preliminary results for the quarter ended September 30, 2009 are below: • Revenue in the range of $2.6 and $2.7 million vs. $530,000 in the first quarter of fiscal 2009. The revenue increase was primarily due to the acquisition of Prescient Applied Intelligence, Inc. in January of 2009. • Sequential quarterly EBITDA improvement of 60% with first quarter…