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Alentus Announces Third Quarter Financials(December 07, 2011)
LAS VEGAS, NV -- (Marketwire) -- 12/07/11 -- Alentus Corporation (PINKSHEETS: ALNS), an internet solution provider of web hosting, domain registration, dedicated servers, SaaS and E-Commerce hosting services, today announced its financial results for the quarter ended September 30, 2011.
Alentus is pleased to announce third quarter revenue of $1,170,937 and positive EBIDTA of $134,047 or 11% of revenue for the quarter ended September 30, 2011. The company has started hiring additional personnel in Las Vegas to accommodate the demand in online marketing solutions for its Areti.com brand. Full financial results can be found in our filings at www.otcmarkets.com.
Qtr end Sept. 30, 2011 Qtr end June 30, 2011 Revenue $ 1,170,937 $ 1,223,197 Gross Profit $ 860,548 $ 928,287 Net Income $ (236,567) $ (273,844) Normalized EBITDA $ 134,047 $ 134,355
About Alentus Corporation (www.alentuscorporation.com, US Stock Ticker: ALNS)
Alentus Corporation is a multinational, US-based, Internet focused solution provider with a network of data and network operations center facilities in Canada and the US. The company provides a wide range of Internet-based solutions under several brands. Under these brands Alentus provides solutions that include Microsoft Windows hosting, Linux hosting, Sharepoint hosting, SQL and mySQL database hosting, Microsoft Exchange Hosting, Virtual Private Servers (VPS), dedicated server solutions, colocation, and domain name registration to thousands of small- to medium-sized companies and customized solutions to larger organizations including many Fortune 500 clients.
The statements made in this press release, which are not historical facts, may contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
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