SIOS Technology, Inc. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2017
October 31, 2017 at 07:00 am
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SIOS Technology Inc. reported consolidated earnings results for the nine months ended September 30, 2017. For the period, the company reported net sales of ¥9,283 million, operating income of ¥184 million, ordinary income of ¥194 million, net income of ¥79 million or net income per diluted share of ¥9.14 compared to net sales of ¥9,181 million, operating income of ¥426 million, ordinary income of ¥367 million, net income of ¥160 million or net income per diluted share of ¥18.62 for the same period last year.
The consolidated company expects net sales of ¥12,600 million, operating income of ¥500 million, ordinary income of ¥480 million, net income of ¥320 million or net income per share of ¥37.12 for the full year ending December 31, 2017.
SIOS Corp is engaged in the development, infrastructure construction, operation support, and other businesses of information technology (IT) systems based on open source software (OSS), adding applications, operating systems and cloud computing, as well as research and development in new areas to create and provide new value. The Company operates its business through two segments. The Open System Infrastructure segment sells OSS-related products, including LifeKeeper, software that can avoid system downtime in the event of an IT system failure, and Red Hat, Inc. related products, as well as the SIOS OSS Yorozu Sodan Shitsu service that handles various inquiries related to OSS and consulting services for various information systems. The Application segment includes software products for multi-functional peripherals, management support systems for financial institutions, the Gluegent series of software as a service for cloud services, among others.
SIOS Technology, Inc. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2017
SIOS CORPORATION 
