Integral Posts Higher Revenue, Operating Income
[Satellite Today – 4-28-08] Integral Systems Inc. posted a 55 percent increase in revenue and a 100 percent increase in income from operations, the company announced April 28.
Revenue for the quarter ending March 31 was $44.9 million, up from $29 million in the second quarter of 2007. Second quarter income from operations was $5.8 million compared to $2.9 million for the second quarter of last fiscal year.
The second quarter results reflect growth in all three of the company’s operating segments. Government ground systems revenue grew 76 percent due to increased revenue from two large government contracts. Commercial ground systems revenue grew 18 percent due primarily to revenue from the ProtoStar contract and completion of work by the company’s SAT subsidiary on several large government contracts. Space communications systems revenue grew 40 percent due to higher demand for its products and services.