ITX has upgraded its full year profit to June 30th, would be at least 30% higher than previously forecast.
Anyone that went for this IPO 2 months ago at $0.50 float price must be happy.
Today it is $0.70
A lot of people got scaled back as owners decided to keep 65% of the business for themselves.
One small part of what they do is itX provides a distribution channel for a select range of world class IT vendors including; Apple, Appsense, Bakbone, Citrix, Clearswift, Hewlett Packard, IBM, Oracle, Red Hat, Secure Computing, ThinPrint, Trend Micro, VMWare, Websense and Wyse.