Derycz Scientific (DYSC.OB) Posts Q2 and FY 2010 Results, Reports First Quarter of Profitability and 121% Revenue Increase
Derycz Scientific develops companies, products, services and systems to facilitate easy flow of information from content publishers to their constituents. The company today announced its second-quarter and half-year financials for fiscal 2010. The company reported a 121 percent increase in second-quarter revenue to $7.6 million, up from $3.4 million for the same period of fiscal 2009. For the six months ended December 31, 2009, revenue increased 87 percent to $12.4 million, up from $6.6 million for the same period the year prior. Quarterly income rose to $235,734, or 2 cents per fully diluted share, compared to a loss of $132,177,…