Djsp Enterprises Inc (OTC:DJSP)

WEB NEWS

Thursday, March 11, 2010

Comments & Business Outlook

2009 Financial Highlights

  • Revenue for the quarter increased 33.3% to $70.5 million from $52.9 million in last year's comparable period. For the year 2009, revenue increased 30.7% year over year to $260.3 million.
  •  Adjusted Net income was $12.1 million in the fourth quarter. For the 12 month period, adjusted net income was $44.6 million or $2.14* per share.
  • Adjusted EBITDA for the fourth quarter was $19.1 million, and for the 12 months was $69.9 million.

The Company reaffirms its previously announced guidance. For 2010, the Company expects to report adjusted net income of approximately $49 million and adjusted EBITDA of approximately $80.6 million, excluding any one time transaction expenses associated with the Business Combination.



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