Bluegate Revenues for January 2006 Increase 80% Wednesday February 15, 7:30 am ET
HOUSTON--(BUSINESS WIRE)--Feb. 15, 2006--Bluegate Corp. (OTCBB:BGAT - News), the nation's premier provider of outsourced healthcare IT solutions, professional technology consulting services and Bluegate Medical Grade Networks(TM), announced that revenues for January 2006 were $415,000, an 80% increase over the comparable period in 2005. This continues the momentum of increasing revenues that Bluegate established over the past two years, including Bluegate's recent announcement of preliminary 2005 annual consolidated revenues of $2.3 million, an increase of 109% over revenues of $1.1 million for 2004. ADVERTISEMENT
During the third quarter of 2005, Bluegate acquired the assets of Trilliant Corporation, an IT professional service consultant to hospitals and other large institutions. January 2006 revenues represent a 53% increase over pro forma combined revenues of Trilliant and Bluegate of $271,000 for January 2005.
"We are pleased with our results in January and anticipate similar or accelerating revenue growth during the remainder of the first quarter as we complete and book revenues for a number of projects," stated Manfred Sternberg, Bluegate CEO. "We are continuing to be successful in our efforts to expand our sales pipeline of healthcare IT solutions and Medical Grade Networks to hospitals, physicians, HCOs and other healthcare providers, and third party health care vendor application installation and management services. We reaffirm our forecast of revenues between $6 million and $7 million in 2006 and $11 million and $12 million in 2007."
Posts: 12 | From: texas | Registered: Feb 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
