Results for Fiscal Year Ended October 31, 2012Revenues were approximately $15.5 million for the fiscal year ended October 31, 2012 compared to approximately $16.3 million for fiscal year 2011, a decrease of approximately 5%. A decrease in the euro/dollar exchange rate during fiscal 2012 contributed approximately 88% of the decrease in total revenues for fiscal 2012 compared to fiscal 2011. One customer accounted for 20% of total revenues in fiscal 2012 and the same customer accounted for 12% of total revenues in fiscal 2011.
Versant Announces Quarterly Revenues Of $4.2 Million
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