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Emtec Inc. (ETEC) news stock charts

Emtec Inc. (ETEC/ETEC.OB) Investment Summary:

Emtec, Inc. provides information technology (IT) consulting, services, and products in the United States. The company primarily operates as a reseller of products of various IT manufacturers, which include workstations, servers, networking and communications equipment, enterprise computing products, and application software. It also offers managed services and staff augmentation solutions for technology, telecommunications, financial services, pharmaceuticals, insurance, and manufacturing markets; enterprise computing solutions, including product sourcing, network design and implementation, technical support, server consolidation, virtualization, and clustering and load balancing for high av...
www.emtecinc.com
572 Employees

EMTEC INC (ETEC:OTC Bulletin Board Market)

LAST $1.33 USD
CHANGE TODAY +0.03 2.31%
VOLUME 1.4K
As of 8:10 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of EMTEC INC (ETEC)

OPEN
$1.33
PREVIOUS CLOSE
$1.30
DAY HIGH
$1.33
DAY LOW
$1.33
52 WEEK HIGH
03/2/10 - $1.67
52 WEEK LOW
07/23/09 - $0.35
MARKET CAP
20.9M
AVERAGE VOLUME 10 D
3.4K
EPS TTM
$0.13
SHARES OUTSTANDING
15.7M
ETEC Does Not Pay Dividends
P/E TTM
10.2x
K = Thousands  M = Millions  B = Billions

Key developments for EMTEC INC (ETEC)

Emtec, Inc. to Demonstrates Innovative Caregiver Workflow Solution for Hospitals

Emtec Inc. announced that it will demonstrate its thin client solution for healthcare in the Avnet booth #7467 at the HIMSS 2010 Conference and Exhibition on March 1, 2010. This solution integrates the ThinIdentity virtual desktop infrastructure solution, smart card technology and stateless thin-client computing based on the Sun Microsystems(TM) Sun Ray virtual display client. The ThinIdentity virtual display client allows clinical staff members to move around the hospital freely and access their personalized workstations from any location. Workers can now quickly and securely log-in to their personal desktop within 5 seconds giving them access to all of the clinical applications and data necessary to conduct their jobs. Meanwhile, the data resides safely in the hospital's data center, secure and unavailable to unauthorized users.

Emtec Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended November 30, 2009

Emtec Inc. announced unaudited consolidated earnings results for the first quarter ended November 30, 2009. For the quarter, the company reported consolidated operating income increased to $2.5 million, compared to $1.9 million in the quarter ended November 30, 2008. Net income before interest, taxes, depreciation and amortization for the quarter ended November 30, 2009 increased to $3.1 million from $2.5 million in the quarter ended November 30, 2008. Adjusted EBITDA increased to $3.4 million in the quarter ended November 30, 2009 from $2.8 million in the quarter ended November 30, 2008. Net income for the quarter ended November 30, 2009 increased to $1.4 million, as compared to $1.0 million in the quarter ended November 30, 2008. Earnings per share for the quarter ended November 30, 2009 increased $0.02 to $0.09 per share from $0.07 per share in the quarter ended November 30, 2009. Total revenues were $73.6 million against $70.0 million for the same quarter of last year.

Emtec Inc., Annual General Meeting, Feb 04, 2010

Emtec Inc., Annual General Meeting, Feb 04, 2010, at 10:00 US Eastern Time. Location: The Enterprise Center at BCC, 3331 Route 38, Mt. Laurel, NJ 08054,United States. Agenda: To elect two Class A directors to the Board of Directors to serve for a term ending at the 2013 Annual Meeting and until their respective successors have been elected and qualified; to ratify the appointment of McGladrey & Pullen, LLP as independent registered public accounting firm for the fiscal year ending August 31, 2010; and to attend to any other business properly brought before the Annual Meeting or any adjournment or postponement thereof.

Emtec Inc. financial resources

otc, otcbb, pinksheet, ETEC, ob Emtec Inc.

ETEC Competitors

Company Last Change
GTSI Corp $5.52 USD +0.02
Insight Enterprises Inc $13.99 USD -0.38
Transnet Corp $0.26 USD +0.03
Market data is delayed at least 15 minutes.
 

Industry Analysis

Valuation ETEC Industry Range
Price/Earnings 9.4x
Price/Sales 0.1x
Price/Book 1.1x
Price/Cash Flow 4.7x
TEV/Sales 0.0x

ETEC

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ETEC transactions

Type
Date
Target
No transactions in the last 6 months.

More Recent Financial News About Emtec Inc.

USDA International Technology Services Awards Emtec Federal a Contract with Ceiling Value of $82.5 Million

Quote: ITS is the in-house provider of Information Technology(IT), service and support for more than 40,000 USDA Service CenterAgency (SCA) employees and their networked computers, IT equipment andthe shared infrastructure that their agency networks and applicationsrun on.Under this contract, Emtec Federal will provide procurement and otherancillary services to support the USDA’s migration to a paperlessbusiness environment and to establish and maintain a consistent, commonand compatible technic...
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Leading Canadian Pharmaceutical Company Selects Emtec, Inc. Subsidiary to Provide Value Based Management Services

Quote: ETECNews), a systems integrator, today announced thatAxcan Pharma (“Axcan”), a leading specialty pharmaceutical company inMontreal, Quebec, selected Emtec subsidiary, KOAN-IT, to provide ValueBased Management (VBM) services to help align its IT infrastructure,people and services with their operational and internal end user supportneeds. As a result of the VBM assessment, Axcan lowered operationalcosts and improved its ability to measure the value of IT services forthe organization.Wi...
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Emtec Rebrands Its KOAN-IT Subsidiary

Quote: ETECNews), a systems integrator, today announced that ithas unified the IT consulting services of KOAN-IT under the Emtec brand.Renaming the subsidiary reflects Emtec’s move toward consolidating andintegrating its comprehensive portfolio of IT services and solutionsunder a single brand. This provides customers and partners with a singlepoint of reference and builds greater awareness for Emtec and itsstrength as a leading systems integrator within its target marketsincluding government, ed...
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Leading Canadian Pharmaceutical Company Selects Emtec, Inc. Subsidiary to Provide Value Based Management Services

Quote: ETECNews), a systems integrator, today announced thatAxcan Pharma (“Axcan”), a leading specialty pharmaceutical company inMontreal, Quebec, selected Emtec subsidiary, KOAN-IT, to provide ValueBased Management (VBM) services to help align its IT infrastructure,people and services with their operational and internal end user supportneeds. As a result of the VBM assessment, Axcan lowered operationalcosts and improved its ability to measure the value of IT services forthe organization.Wi...
Read article

Emtec Rebrands Its KOAN-IT Subsidiary

Quote: ETECNews), a systems integrator, today announced that ithas unified the IT consulting services of KOAN-IT under the Emtec brand.Renaming the subsidiary reflects Emtec’s move toward consolidating andintegrating its comprehensive portfolio of IT services and solutionsunder a single brand. This provides customers and partners with a singlepoint of reference and builds greater awareness for Emtec and itsstrength as a leading systems integrator within its target marketsincluding government, ed...
Read article

USDA International Technology Services Awards Emtec Federal a Contract with Ceiling Value of $82.5 Million

Quote: ITS is the in-house provider of Information Technology(IT), service and support for more than 40,000 USDA Service CenterAgency (SCA) employees and their networked computers, IT equipment andthe shared infrastructure that their agency networks and applicationsrun on.Under this contract, Emtec Federal will provide procurement and otherancillary services to support the USDA’s migration to a paperlessbusiness environment and to establish and maintain a consistent, commonand compatible technic...
Read article

Emtec Federal Lands $5 Million in Contract Awards from Air Force Quarterly Enterprise Buy Program

Quote: Over the next six months, Emtec Federal will manage stageddeployments of these systems to agencies across all Air Forceorganizations worldwide. The total value of the contract isapproximately $5 million.The QEB enables the Air Force to centralize the purchase of commonhardware and software products as part of an ongoing effort tostreamline purchases and ensure system interoperability. The contractmandates that purchases of desktop and notebook computers be processedthrough the Air Force’s...
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Emtec Federal Lands $5 Million in Contract Awards from Air Force Quarterly Enterprise Buy Program

Quote: Over the next six months, Emtec Federal will manage stageddeployments of these systems to agencies across all Air Forceorganizations worldwide. The total value of the contract isapproximately $5 million.The QEB enables the Air Force to centralize the purchase of commonhardware and software products as part of an ongoing effort tostreamline purchases and ensure system interoperability. The contractmandates that purchases of desktop and notebook computers be processedthrough the Air Force’s...
Read article

Emtec, Inc. Demonstrates Innovative Caregiver Workflow Solution for Hospitals

Quote: Meanwhile, thedata resides safely in the hospital's data center, secure andunavailable to unauthorized users.HIMSS attendees will be able to demo this solution first-hand and seehow the technology comes together to provide caregivers quicker accessto their personalized computer workspace and allow doctors and nurses tospend more time on patient care.About Emtec, Inc.www.emtecinc.com.About HIMSSThe Healthcare Information and Management Systems Society (HIMSS) is acomprehensive healthcare-stakehol...
Read article

Emtec, Inc. Demonstrates Innovative Caregiver Workflow Solution for Hospitals

Quote: Meanwhile, thedata resides safely in the hospital's data center, secure andunavailable to unauthorized users.HIMSS attendees will be able to demo this solution first-hand and seehow the technology comes together to provide caregivers quicker accessto their personalized computer workspace and allow doctors and nurses tospend more time on patient care.About Emtec, Inc.www.emtecinc.com.About HIMSSThe Healthcare Information and Management Systems Society (HIMSS) is acomprehensive healthcare-stakehol...
Read article

EMTEC INC/NJ Files SEC form 10-Q, Quarterly Report

Quote: All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement. Assumptions relating to budgeting, marketing, and other management decisions are subjective in many respects and thus susceptible to interpretations and periodic revisions based on actual experience and business developments, the impact of which may cause us to alter our marketing, capital expenditure or other budgets, which may in turn affect...
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EMTEC INC/NJ Files SEC form 8-K, Change in Directors or Principal Officers

Quote: Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers On July 10, 2009, the board of directors of Emtec, Inc. (the "Company") elected Gregory L. Cowan as a member of the Board of Directors. Mr. Cowan will serve as a Class A director and will stand for election at the Company's 2010 annual meeting of stockholders. Mr. Cowan will also serve as Chairman of the Audit Committee and as a member of the Compensation Committee of the...
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Emtec, Inc. Announces Fiscal 2009 Results

Quote: 3 /PRNewswire-FirstCall/ -- Emtec, Inc. (OCT Bulletin Board: ETEC) ("Emtec" or the "Company") announced today that for the year ended August 31, 2009, consolidated operating income increased to $4.1 million, compared to $3.3 million in the prior year.Net income before interest, taxes, depreciation and amortization ("EBITDA") for the year ended August 31, 2009 increased to $6.4 million from $4.7 million in the prior year. Adjusted EBITDA, which is defined by management as net income before intere...
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The Centers for Disease Control and Prevention Awards Emtec Federal Two Contracts with Combined Value of $20 Million per Year

Quote: One contract offers CDC organizations Samsung and Dellmonitors as well as HP and Dell printers and the other provides accessto HP and Dell servers as well as storage products.Through the two separate BPAs, Emtec Federal will deliver IT productsand services to CDC organizations around the world in support of theirmission. CDC’s focus is not only on scientific excellence but also onthe essential spirit that is CDC – to protect the health of all people.CDC keeps humanity at the forefr...
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Emtec, Inc. Announces 1Q 2010 Results

Quote: 19 /PRNewswire-FirstCall/ -- Emtec, Inc. (OTC Bulletin Board: ETEC) ("Emtec" or the "Company") announced today that for the quarter ended November 30, 2009, consolidated operating income increased to $2.5 million, compared to $1.9 million in the quarter ended November 30, 2008. Net income before interest, taxes, depreciation and amortization ("EBITDA") for the quarter ended November 30, 2009 increased to $3.1 million from $2.5 million in the quarter ended November 30, 2008. Adjusted EBITDA, whic...
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EMTEC INC/NJ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits

Quote: EMTEC INC/NJRequest a Trial to NEW EDGAR Online Pro Form 8-K for EMTEC INC/NJ 22-Jul-2009Results of Operations and Financial Condition, Financial Statements and Exhibits Privacy PolicyAbout Our AdsTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for a...
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Emtec, Inc. Announces 1Q 2010 Results

Quote: 19 /PRNewswire-FirstCall/ -- Emtec, Inc. (OTC Bulletin Board: ETEC) ("Emtec" or the "Company") announced today that for the quarter ended November 30, 2009, consolidated operating income increased to $2.5 million, compared to $1.9 million in the quarter ended November 30, 2008. Net income before interest, taxes, depreciation and amortization ("EBITDA") for the quarter ended November 30, 2009 increased to $3.1 million from $2.5 million in the quarter ended November 30, 2008. Adjusted EBITDA, whic...
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EMTEC INC/NJ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits

Quote: EMTEC INC/NJRequest a Trial to NEW EDGAR Online Pro Form 8-K for EMTEC INC/NJ 19-Jan-2010Results of Operations and Financial Condition, Financial Statements and Exhibits Privacy PolicyAbout Our AdsTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for a...
Read article

EMTEC INC/NJ Files SEC form 10-Q, Quarterly Report

Quote: All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement. Assumptions relating to budgeting, marketing, and other management decisions are subjective in many respects and thus susceptible to interpretations and periodic revisions based on actual experience and business developments, the impact of which may cause us to alter our marketing, capital expenditure or other budgets, which may in turn affect...
Read article

Emtec, Inc. Announces Fiscal 2009 Results

Quote: 3 /PRNewswire-FirstCall/ -- Emtec, Inc. (OCT Bulletin Board: ETEC) ("Emtec" or the "Company") announced today that for the year ended August 31, 2009, consolidated operating income increased to $4.1 million, compared to $3.3 million in the prior year.Net income before interest, taxes, depreciation and amortization ("EBITDA") for the year ended August 31, 2009 increased to $6.4 million from $4.7 million in the prior year. Adjusted EBITDA, which is defined by management as net income before intere...
Read article

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