Park City Group Announces First Quarter 2008 Financial Results
Monday, November 19th, 2007Revenues Increase 46% Due to Significant Growth in Subscriptions, Services and License Sales
PARK CITY, UT November 19, 2007 Park City Group, Inc. (OTCBB: PCYG) today announced financial results for the first quarter ending September 30, 2007. For the first quarter 2008, the Company increased revenues by 46% to $854,264, which does not include a gain of $200,000 for patent activity. This compares to revenues of $585,895 for the quarter ending September 30, 2006. The increase in revenues is due to the growth in all new business areas including software sold on subscription, professional services, and license sales.
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