MedAssets posts 2nd-quarter profit of $2.2 million as acquisition boosts revenueAugust 4th, 2009 MedAssets posts 2Q profit on sales boostATLANTA — Hospital software company MedAssets Inc. said Monday it posted a second-quarter profit, compared with a year-ago loss, as an acquisition boosted sales.
Spherix's 2nd-quarter loss widens on increase in operating expensesAugust 17th, 2009 Spherix 2Q loss widens on higher costsBETHESDA, Md. — Spherix Inc., a provider of biotech and information technology services, said Monday its second-quarter loss widened on higher operating expenses.
Oracle sales down as businesses tighten beltsSeptember 16th, 2009 SAN FRANCISCO - Business software maker Oracle reported a 5 percent decline in quarterly revenue Wednesday as businesses held off on buying new software. The Silicon Valley company said its sales dropped to $5.1 billion, but the company managed to increase profits by 8 percent to $1.1 billion, compared to $1.07 billion in the year-ago quarter.
Novell swings to 3rd-quarter profit on lower operating expenses, misses analysts' estimatesAugust 28th, 2009 Novell posts 3Q profit as it cut costsWALTHAM, Mass. — Novell Inc., which sells computer-networking software and technology services, said Thursday it swung to a third-quarter profit from a year earlier as it cut operating expenses by 20 percent.
American Software posts higher earnings, lower revenue for fiscal first quarterSeptember 3rd, 2009 American Software reports rise in 1Q earningsATLANTA — American Software Inc. reported higher earnings for its fiscal first quarter even though revenue came in 7 percent below year-ago levels.
Open Text reports decline in 4th-qtr profit but adjusted earnings top expectationsAugust 21st, 2009 Open Text reports decline in 4Q profitNEW YORK — Business software provider Open Text Corp. said Thursday its fiscal fourth-quarter profit fell 40 percent as higher costs and expenses offset a small gain in revenue, but adjusted results beat Wall Street expectations.
Lawson Software reports fiscal 1st-quarter profit on lower expenses, says it will cut 75 jobsSeptember 30th, 2009 Lawson Software reports fiscal 1st-qtr profitST. PAUL, Minn. — Lawson Software Inc.
Nasdaq's second-quarter profit drops, hurt by charge tied to asset sale, currency translationAugust 6th, 2009 Nasdaq OMX Group's 2Q profit falls 31 percentNEW YORK — Nasdaq OMX Group Inc. said Thursday its second-quarter profit fell 31 percent amid losses tied to foreign currency translation and a charge from selling its stake in Orc Software.
Tibco Software shares up after 3Q results top Wall Street forecastsSeptember 25th, 2009 Tibco Software shares up after 3Q resultsNEW YORK — Shares of Tibco Software Inc. rose Friday after the company's third-quarter earnings topped Wall Street expectations with the help of lower expenses.
Yahoo's second-quarter profit climbs 8 percent as cost-cutting offsets slumping ad salesJuly 21st, 2009 Yahoo 2Q profit up 8 pct, yet ad slump continuesSAN FRANCISCO — Yahoo Inc. eked out a slightly higher profit in the second quarter as its new, no-nonsense chief executive cut enough expenses to shake off the Internet company's sharpest drop in ad revenue since the dot-com bust.
Red Hat posts higher 2nd-quarter profit, sales; shares jump after hoursSeptember 23rd, 2009 Red Hat posts higher 2Q profit, salesRALEIGH, N.C. — Red Hat Inc., the software distributor behind the Linux operating system, said Wednesday its fiscal second-quarter profit grew as companies opted for its source products amid the economic downturn.
Microsoft shares surge up; investors welcome cost cutting measuresApril 25th, 2009 Cost-cutting saves Microsoft stock after rough 3Q
SEATTLE — Shares of Microsoft Corp. jumped more than 10 percent Friday, the first trading session since the software maker said sinking personal computer shipments pushed sales and earnings down significantly from a year ago.
Fairpoint Communications posts 2nd-quarter loss on hefty debt swap charges, lower salesAugust 6th, 2009 Fairpoint Communications posts 2Q loss of $17.8MCHARLOTTE, N.C. — FairPoint Communications Inc.
Manhattan Associates posts second-quarter loss, suspends 2009 earnings outlookJuly 22nd, 2009 Manhattan Associates posts second-quarter lossATLANTA — Manhattan Associates Inc., which provides software and services that help companies manage inventory and supplies, posted a second-quarter loss Tuesday, though adjusted results easily beat Wall Street's expectations. For the period ended June 30, the company posted a loss of $556,000, or 2 cents per share, compared with a profit of $9.1 million, or 37 cents per share, in the year-ago period.
Pomeroy IT reports sharp drop in 2nd-quarter profit as revenue declines 35 percentAugust 25th, 2009 Pomeroy IT posts lower 2Q profit, salesHEBRON, Ky. — Information technology services provider Pomeroy IT Solutions Inc.