CIBER News Release (05/08/12)
CIBER Inc. has reported revenue of $241 million for the first quarter of 2012, a 5% decrease (down 4% in constant currency). Sequentially from the fourth quarter of 2011, revenue grew 1% (2% in constant currency). Net income from continuing operations for the first quarter was $0.8 million. Last year’s first quarter net income from continuing operations was $3.3 million. The North American division, 49% of consolidated revenue, saw revenue decline 11% compared with 2011’s first quarter. Sequentially, revenue growth was up slightly from the fourth quarter 2011.