InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,338.36
(
-0.87%
)

ViryaNet Ltd. (fka VRYAF)

1
Follow
1

ViryaNet Ltd. (fka VRYAF)

1
Follow
1

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up
Live Updating
profile icon
Renee PremiumMember
08/27/14 5:25 PM
Post #2
Last Read
profile icon
mitcheroo Free
05/12/14 11:40 AM
Post #1
Last Read

ViryaNet Ltd. (fka VRYAF) RSS Feed

Followers
1
Posters
2
Posts (Today)
0
Posts (Total)
2
Created
05/05/14
Type
Free
Moderators
ViryaNet Ltd., a rapidly-growing player in the high-growth field of mobile workforce management, provides integrated mobile and Web-based software applications for real-time workforce management and the automation of field service delivery in North America, Europe, the Middle East, the Asian Pacific and South America. Viryanet's G4 product suite is a resource for workforce scheduling and dispatch, mobile field communication and visual- and operational-guidance. It also provides software applications for parts logistics, warranty monitoring, contract management and maintenance operations. ViryaNet also offers implementation, consulting, integration, customization and post-contract maintenance support, as well as training services. ViryaNet's products and services are provided through a direct sales force, as well as through relationships with system integrators, application service providers, and through resellers to utilities, telecommunications and cable/broadband companies, retail/grocery companies, insurance companies, health care companies, and general service providers. ViryaNet Ltd. was founded in 1988. It is headquartered in Westborough, Massachusetts. It was formerly known as RTS Software Ltd. until April 2000. Fourth Quarter 2013 Financial Highlights: Quarterly revenues, $3.4 million - a year-over-year [b]increase of 15 percent, and a sequential increase of 21 percent over the third quarter 2013. License revenue of $928,000 - a year-over-year increase of 83 percent, and a sequential increase of 180 percent over the third quarter 2013. Record Net Income for fourth quarter 2013 - an increase of 125 percent to $832,000 ($0.20 in basic and $0.19 in diluted EPS) compared to $369,000 ($0.09 in basic and diluted EPS) in same period of 2012, being an increase of 172 percent sequentially from $306,000 ($0.07 in basic and diluted EPS) over third quarter 2013. Fourth quarter Gross Margin increased to 72.4 percent, compared to 62 percent in same quarter of 2012 and compared sequentially to 66.8 percent in the third quarter of 2013. Full Year 2013 Financial Highlights Full year 2013 Revenue increased 8.4 percent ($11.6 million from $10.7 million in FY 2012). Full year 2013 License Revenue increased 45.5 percent (to $1.7 million) Full year 2013 record Net Income of $1.5 million, a 62.8 percent increase (from $911,000 in FY 2012). Shareholders’ Equity of $2.9 million as of December 31, 2013 - a 126 percent increase (from $1.3 million as of December 31, 2012).
Board Info
Posts Today
0
Posts (Total)
2
Posters
2
Moderators
New Post