Diligent's soaring sales drive US$1.46m 2Q net profit

Tue, 14 Aug 2012

Aug. 15 (BusinessDesk) - Software company Diligent Board Member Services' spectacular sales growth is making it increasingly profitable. Diligent posted a US$1.46 million net profit for the three months ended June 30 compared with its year-earlier second quarter's US$1 million profit which was boosted by a US$1.2 million write-back of a share price-related debt. At the operating level, second-quarter profit of US$2.16 million compared with a US$250,000 million loss in the same period a year earlier, the company said in a statement. Net prof...

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