PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Computer Electronics  | Computer Software  | Earnings

SEDONA Releases 2012 Financial Results

Share with Twitter Share with LinkedIn

KING OF PRUSSIA, Pa., April 17, 2013 /PRNewswire/ -- SEDONA® Corporation (OTCPK: SDNA), a leading edge software development company focused on providing Customer and Member Relationship Management (CRM/MRM) and Profit Analytics solutions to banks and credit unions, announced its operating results for the Fiscal Year that ended December 31, 2012.

Financial Year over Year Summary for the year ending December 31, 2012:

Description

2012

2011

2010

Total Revenues

$ 1,462,000

$ 1,315,000

$ 1,344,000

Total Cost of Revenues

$    240,000

$    208,000

$    271,000

Gross Profit

$ 1,222,000

$ 1,107,000

$ 1,073,000

Total Operating Expenses

$ 1,095,000

$ 1,070,000

$ 1,154,000

Gain/Loss from Operations

$    127,000

$      36,000

($      81,000)

David R. Vey, Chairman and CEO of SEDONA Corporation stated, "The FY-2012 financial results are the product of our dedicated employees' hard work and execution of our proven effective operational strategies. New sales and added services strengthened our business and increased recurring revenues, positioning us for future growth."

SEDONA's abridged 2012 Financial Report will be available on the the OTCMarkets.com website Thursday morning, April 18, 2013, which can be accessed using http://www.otcmarkets.com/stock/SDNA/quote.

Conference Call: SEDONA will hold a conference call on Thursday, April 25, 2013, at 3:00PM EDT for interested shareholders to discuss the Company's fiscal 2012 operating results. The participant dial-in number will be posted on our web site and available in the shareholder letter on the OTCMarkets.com website.  Following the conference call we will be providing a product demonstration for interested shareholders.  Replays of the call will also be available.

Safe Harbor Statement: This press release contains forward-looking statements that involve risks and uncertainties. The statements of this Summary Overview are forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.

For additional information, please contact SEDONA Corporation, 610-337-8400 or visit SEDONA Corporation's website: www.sedonacorp.com.

SEDONA® is a registered trademark, SEDONA CRM™ and SEDONA MRM™ are trademarks of SEDONA Corporation.

All other trade names are the property of their respective owners.

SOURCE SEDONA Corporation



RELATED LINKS
http://www.sedonacorp.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release