Easley, SC – (MARKET WIRE) – March 26, 2012 – Computer Software Innovations, Inc. (OTCBB: CSWI.OB), CSI Technology Outfitters(TM) ("CSI") today announced its financial results for the fourth quarter and full year ended December 31, 2011.
Financial Highlights:
· Revenues of $55.1 million for the 2011 fiscal year, an increase of $2.4 million or 5% over 2010;
· Gross Profit of $10.7 million for the 2011 fiscal year, flat compared to 2010;
· Operating Income of $0.4 million for the 2011 fiscal year, a decrease of $0.7 million or 65% below 2010;
· Net Income of $0.2 million for the 2011 fiscal year, a decrease of $0.3 million or 46% below 2010.
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