[Satellite Today 02-04-09] Integral Systems reported increases in revenue and gross profit despite unusually high legal and auditing costs in its first quarter 2009 financial report released Feb. 3. 
    Integral’s reported revenue for the quarter was $38.5 million, up $4.5 million or 13.3 percent from the same period in 2008. Gross profit for the quarter was $13.4 million, up 7 percent from $12.5 million in the first quarter of 2008.
    Income from operations for the first quarter decreased to $1.3 million from $5.3 million. Net income dipped from $5.1 million in 2008 to $1 million in the first quarter of 2009. Net income,     income from operations and earnings per share results were “out of the ordinary” due to $2.3 million of accounting, legal, and consulting fees associated with Integral’s first company audit conducted by Ernst & Young and the restatement of the company’s financial statements for the first three quarters of fiscal 2008 as well as various corporate governance activities.
    Integral CEO John Higginbotham said he expects revenues will continue to grow over the prior year due to a solid backlog position and increased business development efforts.