Four acquisitions last year pushed results of SWK Technologies higher for the year ended December 31. The impact of the deals was spelled out in the financial results of SWK'S parent, SilverSun Technologies, which were reported to the SEC this week. All of SilverSun's operations are through SWK. Net income for 2015 was $374,305, an increase of 94 percent from $192,901, the prior year. Revenue of $27.6 million last year was up 28.8 percent from $21.6 million in 2014.
I can finally say I’m hip. I had a dish with quinoa in it last week. Now, if I were just to start watching Downton Abbey. ... Was on the river bank yesterday and four buzzards appeared and were flying low at various spots. One came straight overhead and then didn't make such a pass again. I think they were checking me out. "I don't think he's quite ready, Fred.
Long-time NetSuite employee Michael Forman has been promoted to SVP and global controller and appointed as the software company's principal accounting officer. He was previously VP of finance and corporate controller. Forman, age 45, was previously VP of finance and corporate controller. He was been with the San Mateo, Calif.-based cloud software publisher since May 2004. I am assuming that adding the word "global" to the job description reflects the company's growth and need for someone to overlook the growing international business.
The K3 Business Technology Group, a Dynamics reseller based in the United Kingdom, had a sharp jump in profit for the half ended December 31. But revenue was is a low-growth mode for the retail software specialist. Profit before tax was about $6.7 million, an increase of 33 percent from the similar period a year ago; up 36 percent in constant currency. Revenue crawled up by 1 percent for the most recently ended half to about $59.7 million, an increase of 4 percent in constant currency. The company sounded a theme heard among large Microsoft VARs—the need to grow revenue of their own products.
Microsoft is happy with the attendance for its upcoming Envision conference and expects from 6,000 to 6,500 people. These numbers were provided in a recent conference call with the channel by Duncan Garside, head of experiential marketing for Microsoft. Garside said new registrations were averaging 150 to 200 per day mid month. It looks like sometime in the last month, Microsoft tilted the conference back more towards the Convergence model.