Evolving Systems Reports 2009 Third Quarter and Nine-Month Financial Results
4:01p ET November 3, 2009 (Market Wire)

Evolving Systems, Inc. (NASDAQ: EVOL)

Net income:


-- Up 124% from Q3 2008 to $1.3 million -- $0.13 EPS
-- Up 202% nine months YTD to $3.4 million -- $0.34 EPS
-- Most profitable Q3 and first nine months since 2003





Non-GAAP net income:


-- Up 56% from Q3 2008 to $1.7 million -- $0.16 EPS
-- Up 65% nine months YTD to $4.4 million -- $0.44 EPS