Results of Operations for the Three Months Ended December 31, 2010, Compared to December 31, 2009For the three months ended December 31, 2010, our revenue increased 19% to $6.5 million from $5.5 million for the same period of fiscal 2010. Gross profit was $3.2 million compared with $3.0 million for the same period of fiscal 2010, an increase of 5%. Gross profit margins were 49% compared with 55% for the same period of fiscal 2010. The decrease in gross profit margin is primarily attributable to the impact of lower gross profit margin web application development services revenue from two acquisitions completed during the second half of fiscal 2010.
Bridgeline Digital Reports Financial Results For The First Quarter Of Fiscal 2011
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