Attunity (Nasdaq:ATTU),which makes application and data integration solutions, said it netted $437,000 or 3 cents per share, versus losing $1.9 million or 18 cents per share in the corresponding quarter of 2001.
In the first quarter the company netted 405,000 or 3 cents per share.
Revenues in the second quarter of 2002 were $4.3 million, up 2.7% from $4.2 million in the first quarter and down 15.7% from $5.1 million for the same period in the prior year.
Gross profit in the second quarter of 2002 was $2.8 million, a hair-thin 1% up from the first quarter of 2002 but down 8.8% from $3.1 million for the same period in the prior year.
Cash balances and securities increased $759,000 from $3,337,000 at the end of Q1 2002 to $4,096,000 at the end of Q2 2002.
Paul MacKay, chief executive officer, noted that it was the second consecutive quarter of growth, profitability and cash-flow positive operations. "Although we expect the third quarter to be challenging, our outlook is again for profitability," he said.
New customers in Q2 2002 included Coherent Inc., Nebraska Health Systems, Sealy Incorporated, Sterling Commerce, State of Washington, EPSON Australia, Chbah, Groupe Ponticelli, INLHC-Intertechnique, Coflexip-Tehnip, Ionis, Innovations Successful Salon Services, Landata, and OneSteel.
Additional license sales to the installed customer base in Q2 2002 included Morgan Stanley, Fisher Scientific, Haldex Brake Products, Perceptron, Shaw Cable Systems, State of Connecticut, State of Michigan, Korea Stock Exchange, Jewish National Fund, Israel Land Authority, University of Sellenbosch, QDC Lara, Illawarra Area Health Service and University of Otago.
During the second quarter Attunity announced a partnership with Embarcadero Technologies (Nasdaq: EMBT), a provider of application and database lifecycle management solutions, to deliver advanced data integration solutions to the enterprise including relational, mainframe and legacy data.