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Integral Systems expects 3Q loss

July 28, 2009 —

Columbia-based Integral Systems, Inc. (NASDAQ:ISYS) reports that third quarter results are expected to be below expectations.

Preliminary results for third quarter show revenue of about $39 million, a loss of $0.09 on a per share basis. The company anticipates reporting revenue for the fiscal year of about $160 million, or 5 percent below the previously reported mid-year estimate. Earnings per share for the entire 2009 fiscal year is now projected to be about $0.15.

"The prolonged global recession continues to weigh on business placing pressure on our customers and our business partners, and extending business development cycles across our markets," said John Higginbotham, Chief Executive Officer of Integral Systems in a statement. "We remain focused on investing in our future business growth while enhancing our compliance infrastructure and creating sustainable efficiencies in our business operations."

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