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FOR IMMEDIATE RELEASE
|Mark Ties, CFO|
improvement in non-GAAP earnings per diluted share for fiscal 2010 and the
fourth quarter of fiscal 2010, respectively
|||Software revenue grew 30 percent to $42.9 million for the fiscal year ended September 30, 2010, compared to $32.9 million for the same period of fiscal 2009.|
|||The company acquired 148 new customers in fiscal 2010.|
|||Total software subscribers in excess of 111,000.|
|||Software revenue grew over 14 percent on an organic basis in fiscal 2010, with our flagship XATANET product growing at 29 percent.|
|||Fiscal 2010 software revenue accounted for 61 percent of total revenue, compared to 50 percent for the same period of fiscal 2009.|
The following information was filed by Xrs Corp (XRSC) on Friday, November 5, 2010 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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