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Article: ATG Reports Third Quarter 2009 Financial Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Art Technology Group, Inc. (NASDAQ: ARTG), the premier provider of commerce solutions, reported financial results for the third quarter ended September 30, 2009.
Revenue for the third quarter of 2009 grew to $43.4 million, a 6% increase over third quarter 2008 revenue of $40.8 million.
"Revenue, bookings and net income growth exceeded our expectations in the third quarter," stated Bob Burke, ATG's president and CEO. "Looking ahead to the fourth quarter, we are very excited about the level of sales activity and demand we're seeing in the market for our commerce solutions and expect a strong finish to the year."
Product license bookings, a ...