Attunity Ltd. (ATTU)

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Attunity posts $3.5m loss for 2005

Revenue for 2005 was $15.15 million, an 11% increase over 2004.

Globes correspondent 25 Jan 06 17:13

Enterprise information integration software provider Attunity (Nasdaq: ATTU), today reported its financial results for the fourth quarter of 2005.
Net loss from continued operations for the fourth quarter of 2005 was $1.04 million compared with net loss from continued operations for the fourth quarter of 2004 of $1 million.

Revenue for the fourth quarter of 2005 were $3.97 million, representing an increase of 16% over revenues of $3.42 million in the fourth quarter of 2004.

Operating loss for the fourth quarter of 2005 was $658,000 compared with an operating loss for the fourth quarter of 2004 of $820,000.

Net loss from continued operations in 2005 was $3.5 million, compared with net loss from continued operations of $3.89 million in 2004.

Revenue for 2005 increased 11% to $15.15 million from $13.63 million for the same period in the prior year.

Operating loss for 2005 was $2.5 million compared with an operating loss for 2004 of $3.38 million.

Attunity CEO Aki Ratner said, "2006 will be a key transition year for Attunity. The company will move from being primarily a provider of enabling technology, to a reliable source of business solutions that quickly meet critical needs. Together with the foundations laid in 2005, Attunity finds itself in a strong position for 2006."

Published by Globes [online], Israel business news - www.globes.co.il - on Wednesday, January 25, 2006

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