Cyberplex Inc
SymbolCX
Shares Issued65,441,993
Close 2009-11-10C$ 1.38
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Cyberplex earns $712,371 in Q3

2009-11-10 23:44 ET - News Release

Mr. Geoffrey Rotstein reports

CYBERPLEX ANNOUNCES THIRD QUARTER EARNINGS RESULTS

Cyberplex Inc. is releasing its third quarter financial results for the period ended Sept. 30, 2009.

  • Revenue of $28.2-million increased 156 per cent from the same quarter in the previous year and 10-per-cent sequential growth quarter over quarter;
  • Earnings before amortization, interest, taxes and foreign exchange of $2.7-million or four cents per share;
  • Net cash balance of $21.4-million in addition to $7-million of available credit facilities;
  • Working capital of $29-million.

The company has posted another strong quarter and continues to execute with its performance-based advertising model. "We have had great success breaking into the global advertising marketplace and expanding our international traffic. As anticipated, our growing sales force continues to generate new revenues and we are very pleased with this quarter's results," says Geoffrey Rotstein, president and chief executive officer.

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