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Technology Stocks : Growth Investing

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From: JakeStraw5/8/2012 11:23:06 AM
   of 325
 
Augme Technologies, Inc. Reports Fourth Quarter Results
finance.yahoo.com

Continued Steady Growth in Revenue, Bookings and Backlog

Fourth Quarter Highlights

New order bookings (the dollar value of contracts signed during the fourth quarter) totaled $7.1 million, a 34% increase over third quarter bookings.

Backlog (the dollar value of signed contracts including deferred revenue and unbilled revenue) totaled $15.7 million as of February 29, 2012.

Revenue increased by 422% from prior-year levels and approximately 14% over third quarter levels, to $5.0 million.

Revenue per customer increased to approximately $65,000, a 33% increase over prior-year levels.

Company serviced 300+ customers and 600+ brands (including 300+ broadcast stations).

Company signed first IP licensing agreement as part of settlement with LucidMedia.

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