EmailUSA Tech (USAT $2.20 +0.07) issued upside guidance for the fourth
quarter of approx. $7 million versus the $5.94 million Capital IQ Consensus
Estimate.
Addressing shareholders at the meeting, Chairman and Chief Executive Officer,
George Jensen, said that "based on the April 2011 revenues of $2.372 million,
you will be pleased to know we would be on an annualized total revenue run rate
of $28 million. Let me put that into perspective ... just five years ago, our
annual total revenue was $6.4 million." Jensen further said "Even more
impressive, based on license and transaction fee revenue during April and May
2011 of $3.3 million, we anticipate license and transaction fees for the fourth
quarter to be $5.0 million.
During the fourth quarter of the 2006 fiscal year, license and transaction fees
were only $300,000. The anticipated license and transaction fees for the current
fourth quarter would represent a 313 percent average annual growth rate since
the fourth quarter of the 2006 fiscal year."
than one year.
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