Mobiform Software reports profitable quarter
March 16, 2011 - Mobiform Software Inc announces continued growth in 2010. Revenue for the quarter was $410,532, an 18% increase over $347,023 for the same period last year. Net income nearly doubled, from $96,493 in Q1 of 2010, to $176,579 for the quarter just closed resulting in a modest net income per share for the first time since Mobiform’s inception.
Allen Ronald DeSerranno, President & CEO, said, “We are pleased with our success to date, and appreciate the continued support of our valued shareholders. As our products are deployed and accepted in the marketplace, we anticipate that the company’s growth and prosperity will continue. While the bulk of this increase was in technology licensing, we are seeing an uptake in our HMI (Human Machine Interface) and SCADA (Supervisory Control and Data Acquisition) business, and believe this will become our primary source of revenue in time.”
Mobiform specializes in visualization of real-time data and has produced data visualization solutions for manufacturing, power & utilities, automation, and other fields of business making use of HMI and SCADA software products. Mobiform leverages Silverlight, Windows Presentation Foundation and Windows Azure by Microsoft in the development of its products.
MORE INDUSTRY NEWS
Siemens receives TÜV SÜD certification at 7 German sites
The TÜV SÜD certificate is based on the standard IEC 62443-4-1. This standard includes security-relevant requirements such as capabilities and...
Valin announces acquisition of Thermal Solutions of Texas
The acquisition expands Valin’s process heating portfolio and was made effective on August 15, 2016. Thermal Solutions of Texas provides service...
Industrial Wireless Sensor Network Market
Industrial Wireless Sensor Network Market to Grow at a CAGR of 14.95% during 2016-2020
VDMA: Germany sees record machine vision sales in 2015
In 2015, the German machine vision industry achieved record sales of 2 billion euros – a rise of 9 percent compared to the previous year. Sales...
Global Mobile Robotics Market To Expand At 12.21% CAGR Between 2016 And 2020 Owing To Burgeoning...
MarketResearchReports.biz has announced the addition of a report, title “Global Mobile Robotics Market 2016-2020” report to its database.
Prediktor's Apis software used by Statoil as OPC UA gateway
The overall objective of the delivery is to provide a standardized and unified way of accessing operational data from different assets via...
Supercar Engine Assembly Optimized by Manufacturing Execution System
This document summarizes the manufacturing execution system (MES), or manufacturing operations management (MOM) solution implemented by a leading...
7 Myths of Version Control & Backups in Automated Production
This whitepaper tackles the seven most common myths and misconceptions surrounding version control and data management in the current technological...
Manufacturing Software: Taking a Step Back to Reach the Digitized Future
By Kapil Venkatachalam, Technology Crossover Ventures
While manufacturing software vendors want their customers to focus on the technological...
Manufacturing Execution System Enables Aerospace Manufacturer to Produce Safety Critical Electronics
By Anthony Borges, PINPoint Information Systems
This document summarizes the manufacturing execution system (MES), or manufacturing operations...