While Made2Manage reported a slim profit attributed mainly to a tax benefit, the latest revenue increase and a delivery of innovative initiatives might augur for the company’s return to more consistent profitability and prevailing over the current market malaise.
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record an additional tax benefit of $655,000 in the current quarter, which resulted in $514,000 net income (See Figure 1). Figure 1. We were pleased with our second quarter performance, which was in line with our expectations, said David B. Wortman, CEO. We continue to anticipate a return to profitability in the second half of the year. Revenue growth was strong in a weakened economy, reflecting the addition of new customer sites and the market's acceptance of our expanded product line even in a