Selectica SLTC, a leading provider of contract lifecycle management and sales configuration solutions, today announced financial results for its second fiscal quarter ended September 30, 2010.
Highlights in the second quarter 2011 include:
* Announced the appointment of three new board members
* Resolved litigation regarding the company's Shareholder Rights Plan
* Opened a new global research and operations center
* Reduced operating expenses for the third consecutive quarter
Net loss for the second quarter of fiscal 2011 was $(632,000), or $(0.22) per share, compared to a net loss of $(447,000), or $(0.16) per share, in the first quarter of fiscal 2011 and a net loss of $(1.1 million), or $(0.39) per share, in the second quarter of fiscal 2010.
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