SWK PROFITS ON IMPROVED MARGINS
- Thursday, 01 April 2010
- News and Analysis
SWK Technologies, a Sage reseller based in Livingston, N.J., had net income of $291,097 on revenue of $7.41 million for 2009. For those of you who know SWK is owned by publicly traded Trey Resources, the company released results to contrast to the mess it is cleaning up with Trey. President Jeff Roth noted that SWK improved operations as gross margins climbed to 41 percent, as it increased sales of its Mapadocs software, as well as increasing the high-margin managed services business.
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