AI
Monday, March 21, 2011 8:29:55 PM
CTCH - Commtouch
Solid Technology Company - Recovering from the past few weeks of hard times for Tech companies.
During 2010, the company acquired the antivirus business of Command (http://www.authentium.com/mainv2/index.htm), signed new customers and expanded its engagements with existing ones for its broadened security suite.
Some Highlights:
Revenues for 2010 increased by 20% to $18,161 thousand, compared to $15,189 thousand in 2009. Revenues for the fourth quarter of 2010 increased by 34% to $5,377 thousand, compared to $4,014 thousand in the fourth quarter of 2009.
Non-GAAP net income for 2010 increased by 32% to $5,405 thousand, compared to $4,101 thousand in 2009. Non-GAAP net income for the fourth quarter of 2010 increased by 29% to $1,430 thousand, compared to $1,111 thousand for the fourth quarter of 2009.
During the fourth quarter, the company completed the execution of its 2010 share buy-back program. As of December 31, 2010, the company had expended a total of $3,820 thousand for the repurchase of 1.03 million ordinary shares at an average price of $3.71 per share.
Thinly traded
Recent analyst reports
Zacks (Outperform)
http://www.commtouch.com/download/1552
Chardan Capital Markets (Buy)
http://www.commtouch.com/download/1790
Big Name Partners
http://www.commtouch.com/oem-partner-highlights
Solid Technology Company - Recovering from the past few weeks of hard times for Tech companies.
During 2010, the company acquired the antivirus business of Command (http://www.authentium.com/mainv2/index.htm), signed new customers and expanded its engagements with existing ones for its broadened security suite.
Some Highlights:
Revenues for 2010 increased by 20% to $18,161 thousand, compared to $15,189 thousand in 2009. Revenues for the fourth quarter of 2010 increased by 34% to $5,377 thousand, compared to $4,014 thousand in the fourth quarter of 2009.
Non-GAAP net income for 2010 increased by 32% to $5,405 thousand, compared to $4,101 thousand in 2009. Non-GAAP net income for the fourth quarter of 2010 increased by 29% to $1,430 thousand, compared to $1,111 thousand for the fourth quarter of 2009.
During the fourth quarter, the company completed the execution of its 2010 share buy-back program. As of December 31, 2010, the company had expended a total of $3,820 thousand for the repurchase of 1.03 million ordinary shares at an average price of $3.71 per share.
Thinly traded
Recent analyst reports
Zacks (Outperform)
http://www.commtouch.com/download/1552
Chardan Capital Markets (Buy)
http://www.commtouch.com/download/1790
Big Name Partners
http://www.commtouch.com/oem-partner-highlights
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