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Monday, May 16, 2011
Computer Software Innovations, Inc. Announces First Quarter 2011 Financial Results
EASLEY, SC – (MARKET WIRE) – May 16, 2011 – Computer Software Innovations, Inc. (OTCBB: CSWI), CSI Technology Outfitters™ ("CSI") today announced its financial results for the first quarter ended March 31, 2011.
 
Financial Highlights
 
·         Revenues of $10.1 Million for the First Quarter of 2011 compared to $10.4 million in the First Quarter of 2010;
·         Gross Profit of $1.7 Million for the First Quarter of 2011 compared to $2.4 million in the First Quarter of 2010;
·         Operating Loss of $0.7 Million for the First Quarter of 2011 compared to loss of $0.1 million for the First Quarter of 2010;

·         Net Loss of $0.5 Million for the First Quarter of 2011 compared to a loss of $0.2 million for the First Quarter of 2010.

 

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