Day Reports Financial Results for First Half of Fiscal Year 2005; Company Delivers Revenue Growth, Improves Financial Performance.

Extract


Day Reports Financial Results for First Half of Fiscal Year 2005; Company Delivers Revenue Growth, Improves Financial Performance.

BASEL, Switzerland -- Day Software (SWX:DAYN)(OTC:DYIHY), a leading provider of global content management and content infrastructure software, today announced financial results for the first half of 2005.

Highlights

--6% increase in total revenue as compared to the first half of 2004

--14% increase in license and maintenance revenue compared to the first half of 2004

--Gross profit increased to CHF 5.79 million compared to CHF 5.32 million in the first half of 2004

--Positive EBITDA of TCHF 681 for the first half of 2005 compared to negative EBITDA of TCHF 808 for the same period in 2004

--Net Income of TCHF 158 compared to a Net Loss of CHF 1.455 million in the first half of 2004

--New major customers added in the f...

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