Posts for Ticker ‘efuture’

Traders Chasing e-Future (EFUT)

e-Future Information Technology (NASDAQ: EFUT) is indicated up about 15% after the Chinese supply chain management software and services company posted earnings last night.  It posted revenues of $3.5 million and gross profit was $2 million, with non-GAAP income at $1.1 million.  While this is small, it is more than a 100% gain in revenues.  It also listed its deferred revenue as of June 30 as being $8.9 million and said it sees 2008 total revenues of $19 to $20 million with adjusted EBITDA of $5 to $6 million on a non-GAAP basis.

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Posted on: September 9, 2008 – 8:03 am in China, Cult Stock, Earnings, , , ,