Excluding acquisition-related amortization of intangibleassets of approximately $12
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Excluding acquisition-related amortization of intangibleassets of approximately $12.0 million and stock compensation expense of $6.3million, core net income for the nine months ended March 31, 2009 was $9.6million, or core earnings per share of $0.40. Year over yearrevenue growth for the nine month period on a consistent currency basis was 16%.Net loss for the nine months ended March 31, 2009 was $8.7 million, or net lossper share of $0.36. With oursigned backlog and continued customer focus, we expect to report increasingprofit levels in Q4 and beyond." Revenues for the nine months ended March 31, 2009 increased $7.9 million to$103.1 million as compared with $95.2 million in the same period last year.Revenues for the nine month period were impacted by $7.7 million on a year overyear basis as a result of declines in foreign exchange rates. Perhaps most telling, we recorded orders of $44.2 million in thequarter despite the continuing challenges of the economic environment. We continue to generate meaningful cash and ended the quarterwith cash and investments of $41 million, up over $6 million from the priorquarter. From an operating perspective we continue to execute, delivering astrong step up in profit with EBITDA, excluding stock compensation expense,increasing 25% from the prior quarter and core operating income up 32% from theprior quarter.
"The strategic highlight of the quarter was ourselection by one of the world`s largest financial institutions representing animportant endorsement of our technology and a significant contractualrelationship. "We had a strong quarter evidencing the value of our product set, execution ofour team and strength of our business model," said Rob Eberle, President and CEOof Bottomline Technologies. Excluding acquisition-relatedamortization of intangible assets of $3.6 million and stock-based compensationexpense of $1.9 million, core net income for the third quarter was $3.5 million,or core earnings per share of $0.15. Net loss for the third quarter was$2.0 million, or net loss per share of $0.08. Gross margin for the third quarter was $18.9 million, an increase of $1.4million from the third quarter of last year. Year over year revenue growth on a consistent currencybasis was 15%. Revenues for the third quarter wereimpacted by $3.6 million on a year over year basis as a result of declines inforeign exchange rates.
Revenues for the third quarter were $33.3 million, an increase of $1.3 millionfrom the third quarter of last year. 29% Growth in Year over Year Orders Highlights QuarterPORTSMOUTH, N.H.--(Business Wire)--Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborativepayment, invoice and document automation solutions, today reported financialresults for the third quarter ended March 31, 2009. We'll see what happens. This article is also featured on . The Brewers could have interest in Street, and the Rockies seem like a good fit for Blanton. Whether it is Joe Blanton or Huston Street, something will go down. The Giants seem like a good fit.Although the Athletics are playing well, you cannot help but believe they will try and make a move at the deadline.
Delgado still does not own a good batting average, but he is doing better than Hatteberg. The Mets had interest in Hatteberg before Carlos Delagdo started showing signs of life. All three have big-time contracts and probably would not get much in return on the market, but it is time for the Giants to shake things up.The Reds called up Jay Bruce to be their everyday center fielder and designated Scott Hatteberg for assignment. The two happened to be dorm mates when they were in the Japanese minor leagues together.The Giants seem poised to trade veterans Randy Winn, Rich Aurilia, and Ray Durham at the trade deadline.
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