Below are the top five companies in the Application Software industry in terms of sales growth.
China TransInfo Technology (NASDAQ:CTFO) had sales growth of 282.1% during the last fiscal year. The company has reported $82.1 million in sales over the past 12 months and is expected to report $178.5 million in sales in the next fiscal year.
Longtop Financial Technologies (NYSE:LFT) had sales growth of 66.4% during the last fiscal year. The company has reported $169.1 million in sales over the past 12 months and is expected to report $283 million in sales in the next fiscal year.
JDA Software Group (NASDAQ:JDAS) had sales growth of 58% during the last fiscal year. The company has reported $434.1 million in sales over the past 12 months and is expected to report $652.6 million in sales in the next fiscal year.
Ebix (NASDAQ:EBIX) had sales growth of 52.9% during the last fiscal year. The company has reported $108.6 million in sales over the past 12 months and is expected to report $141 million in sales in the next fiscal year.
GSE Systems (AMEX:GVP) had sales growth of 37.9% during the last fiscal year. The company has reported $43.1 million in sales over the past 12 months and is expected to report $63.9 million in sales in the next fiscal year.
SmarTrend is bearish on shares of GVP and our subscribers were alerted to Sell on May 14, 2010 at $5.04. The stock has fallen 25.4% since the alert was issued.