SA News • May. 17, 2012
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May. 17, 2012, 9:04 AM
Dec. 30, 2011, 11:45 AMMicrocap software developer Pansoft (PSOF -15%) trades lower after the company reported FY 2011 revenue of $19.2M, up 59% Y/Y, but earnings were $0.25, down from $0.59 last year due to a decline in operating profit. For FY12, the company expects revenues will keep a similar pace of growth as in recent years, representing approximately 40-60% annual growth. | Comment!
PSOF vs. ETF Alternatives
"Pansoft is a leading enterprise resource planning (“ERP”) software and professional services provider for the oil and gas industry in China. Its ERP software offers comprehensive solutions in various business operations including accounting, order processing, delivery, invoicing, and inventory... More
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