Ness Technologies Inc (NSTC)

[ByloCellhi]

Profitability

"We continue to grow our bottom line profitability at a faster pace than our solid top line growth rate. This trend reflects the significant operating leverage we are yielding from our strategic business model on a global basis," stated Ytzhak Edelman, Executive Vice President and Chief Financial Officer, Ness Technologies, Inc. "The initiatives we announced last quarter to reduce our financial expenses are yielding positive and measurable results. We remain dedicated to further reducing our financial expenses and to maintaining a lower level of foreign exchange exposure related to our global operating structure. Overall, we remain focused on further increasing our operating and bottom line profitability."