NaviSite, Inc. (NASDAQ:NAVI) has announced the release of its first quarter and fiscal year earnings for 2010. The company has reported a recurring hosting revenue of $35.0 million for the quarter. First quarter earnings for 2009 were recorded at $35.4 million. It’s total revenue for the quarter was $36.8 million, lower than the $40.2 million earned during the same period of the year before.
Top Best Penny Stocks, a leading financial publication, is pleased to alert investors of stocks on the move. Sign up for our Free Stock Newsletter.
The company discussed the financial results during a conference call held after the financial results release. A webcast may be accessed on the company’s investors website at http://navisite.com/ivnestors/events. A telephone replay is also available by dialing 888.286.8010, or 1.617.801.6888 for international listeners. The replay pass code is 33055006.
NaviSite, Inc. (NaviSite) is an information-technology (IT) provider of enterprise-hosting and application services. It provides enterprise-hosting solutions, customized managed-application services and remote operations services. NaviSite’s suite of managed applications includes Oracle e-Business Suite, PeopleSoft Enterprise, Siebel, JD Edwards, Hyperion, Lawson, Kronos, Lotus Domino and Microsoft Dynamics, including Exchange email services. It provides services from a global platform of 13 data centers in the United States and two in the United Kingdom. Its subsidiaries include ModusLink Global Solutions, Inc., Jupiter Hosting, Inc., Alabanza, LLC, Hosting Ventures, LLC, netASPx, Inc. and iCommerce, Inc.
Sign up for Top Best Penny Stocks' free newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
Follow us on Twitter: http://www.Twitter.com/topbestps
About Us
Top Best Penny Stocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
