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December 22, 2004

En Pointe reports 25% profit growth in Q4

IT services vendor En Pointe Technologies has reported strong growth in profitability in its fourth quarter and latest financial year.

By CBR Staff Writer

In the three months ending September 30, 2004, the Los Angeles, California-based company reported 25% growth in net profit to $478,000, on revenue that fell 1% to $71.5 million.

In the full-year period, the company made a net profit of $1.4 million, compared to a year-ago loss of $2.4 million. Revenue declined 3.6% to $279 million.

En Pointe said that it expects strong growth in sales of its CRM and ERP software and services packages, particularly in the area of product lifecycle management. The company is also looking to handle more business process outsourcing work from its offshore services arm, Premier BPO Inc.

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