Direct Insite Announces Third Quarter Results
The Company will hold an earnings webcast for the third quarter 2012 on Friday, November 16, 2012 at 10:00 AM (Eastern). This call is being webcast by PrecisionIR and can be accessed at www.InvestorCalendar.com. Participant toll-free dial-in is (877) 407-9210.
| Summarized Financial Information | ||||||||||||||||
| FOR THE THREE | FOR THE THREE | FOR THE NINE | FOR THE NINE | |||||||||||||
| MONTHS ENDED | MONTHS ENDED | MONTHS ENDED | MONTHS ENDED | |||||||||||||
| STATEMENTS OF OPERATIONS | SEPTEMBER 30, 2012 | SEPTEMBER 30, 2011 | SEPTEMBER 30, 2012 | SEPTEMBER 30, 2011 | ||||||||||||
| Revenue | $ | 2,168,000 | $ | 2,263,000 | $ | 6,550,000 | $ | 6,416,000 | ||||||||
| Operating Income (Loss) | $ | 103,000 | $ | 204,000 | $ | 245,000 | $ | (531,000 | ) | |||||||
| Other (Expense) Income, Net | $ | (11,000 | ) | $ | 12,000 | $ | (17,000 | ) | $ | (192,000 | ) | |||||
| Income (Loss) Before Income Taxes | $ | 92,000 | $ | 216,000 | $ | 228,000 | $ | (723,000 | ) | |||||||
| Provision for Income Taxes | $ | - | $ | - | $ | - | $ | - | ||||||||
| Net Income (Loss) | $ | 92,000 | $ | 216,000 | $ | 228,000 | $ | (723,000 | ) | |||||||
| Basic and Diluted Income (Loss) per Share | $ | 0.01 | $ | (0.02 | ) | $ | 0.02 | $ | (0.06 | ) | ||||||
| BALANCE SHEET | SEPTEMBER 30, 2012 | DECEMBER 31, 2011 | ||||
| Total Current Assets | $ | 3,246,000 | $ | 2,749,000 | ||
| Total Assets | $ | 5,010,000 | $ | 4,528,000 | ||
| Total Current Liabilities | $ | 1,529,000 | $ | 1,611,000 | ||
| Total Liabilities | $ | 1,747,000 | $ | 1,892,000 | ||
| Total Stockholders' Equity | $ | 3,263,000 | $ | 2,636,000 | ||
| FOR THE THREE | FOR THE THREE | |||||||||||
| MONTHS ENDED | MONTHS ENDED | (DECREASE) | ||||||||||
| REVENUE, NET OF SIEMENS SCANNING | SEPTEMBER 30, 2012 | SEPTEMBER 30, 2011 | INCREASE | |||||||||
| Total Revenue | $ | 2,168,000 | $ | 2,263,000 | (4.2 | ) | % | |||||
| Siemens Scanning Revenue | $ | - | $ | (117,000 | ) | (100.0 | ) | % | ||||
| Revenue, net of Siemens Scanning | $ | 2,168,000 | $ | 2,146,000 | 1.0 | % | ||||||
| FOR THE NINE | FOR THE NINE | |||||||||||
| MONTHS ENDED | MONTHS ENDED | (DECREASE) | ||||||||||
| REVENUE, NET OF SIEMENS SCANNING | SEPTEMBER 30, 2012 | SEPTEMBER 30, 2011 | INCREASE | |||||||||
| Total Revenue | $ | 6,550,000 | $ | 6,416,000 | 2.1 | % | ||||||
| Siemens Scanning Revenue | $ | (30,000 | ) | $ | (355,000 | ) | (91.6 | ) | % | |||
| Revenue, net of Siemens Scanning | $ | 6,520,000 | $ | 6,061,000 | 7.6 | % | ||||||
FORWARD-LOOKING STATEMENTS. All statements other than statements of historical fact included in this release, including without limitation statements regarding the company's financial position, business strategy, and the plans and objectives of the company's management for future operations, are forward-looking statements. When used in this release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the company's management, as well as assumptions made by and information currently available to the company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to, business and economic conditions, competitive factors and pricing pressures, capacity and supply constraints. Such statements reflect the views of the company with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the company. Readers are cautioned not to place undue reliance on these forward-looking statements. The company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
