Cisco earnings fall 46 percent in latest quarter, but company expects upturn in demandAugust 5th, 2009 Cisco earnings fall 46 pct but beat expectationsNEW YORK — Cisco Systems Inc. said earnings fell 46 percent in its latest quarter, but the profit beat Wall Street expectations and the company said the quarter may have been the bottom of the recession-related downturn.
Sun warns of earnings below expectations in fourth quarterJuly 15th, 2009 SAN FRANCISCO - Sun Microsystems has warned that earnings would fall below expectations in the fourth quarter, which is also likely to be its last as an independent company. A Silicon Valley pioneer whose servers helped form the basis of the Internet and still power many large enterprises, Sun is close to completing a $7.38 billion sale to Oracle Corp after a series of huge losses pushed down its share price.
Solera Holdings sees fiscal 2010 earnings, revenue gainsAugust 28th, 2009 Solera sees fiscal 2010 earnings, revenue gainsSAN DIEGO — Solera Holdings Inc., which provides software and services for the auto insurance claims industry, said Thursday it expects to earn an adjusted profit of between $1.76 per share and $1.83 per share for the fiscal year 2010. Analysts polled by Thomson Reuters forecast a profit of $1.82 per share for the fiscal year ending in June.
Indian outsourcing company Infosys quarterly profit falls 0.9 pct but outlook improvesOctober 9th, 2009 Infosys profit falls 0.9 pct but outlook improvesMUMBAI, India — Infosys Technologies Ltd. reported a slight decrease in quarterly profit Friday but raised its revenue and earnings forecasts — a signal the worst may be over for India's software services industry after being hard hit by the global downturn.
No Jobs, No New Products, still Apple Profits Climb UpApril 22nd, 2009 Apple 2Q profit gains 15 percent, beats Street
SEATTLE — Strong sales of the iPhone helped Apple Inc. lift its quarterly profit 15 percent, well ahead of Wall Street's expectations Wednesday despite the global economic downturn.
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.
IBM boosts 2009 guidance; numbers say more about IBM's execution than better market conditionsJuly 17th, 2009 IBM sees better profits for 2009SAN FRANCISCO — IBM Corp. has proved a rare animal in the recession.
Chip testing software maker Synopsys posts 3Q results that beat Street, but 4Q outlook is softAugust 20th, 2009 Synopsys posts better-than-expected 3Q resultsMOUNTAIN VIEW, Calif. — Synopsys Inc., which makes software to develop and test chips, said Wednesday its fiscal third-quarter profit declined 18 percent from a year-ago period helped by an income tax gain, but the results still beat Wall Street expectations.
Digital River forecasts 2nd-quarter earnings shy of Wall street's expectationsApril 29th, 2009 Digital River forecasts 2Q earnings below views
MINNEAPOLIS — E-commerce software service company Digital River Inc. said Wednesday it is "cautiously optimistic" about its outlook for 2009.
Openwave falls 10 percent after analyst questions turnaround strategy, cuts to 'underperform'August 3rd, 2009 Openwave down 10 percent on analyst downgradeNEW YORK — Shares of mobile technology software maker Openwave Systems Inc. fell more than 10 percent Monday after an analyst downgraded the shares on disappointing earnings results and an unclear turnaround plan.
Longtop Financial posts 38 percent jump in 1st-quarter profit, raises full-year guidanceAugust 19th, 2009 Longtop Financial's 1Q profit jumps 38 percentChinese financial software developer Longtop Financial Technologies Ltd. said Tuesday its fiscal first-quarter profit rose nearly 38 percent on growing demand across its customer base, and boosted its revenue and profit expectations for the full fiscal year.
IBM raises guidance, profit blows past forecasts; sales fall shortJuly 16th, 2009 IBM raises guidance, profit blows past forecastsSAN FRANCISCO — IBM Corp. blew away second-quarter profit projections and jacked up its full-year earnings forecast Thursday, a rare sign of confidence from a major corporation amid the recession.
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.
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.
DG FastChannel 2nd-quarter earnings decline as operating expenses riseAugust 6th, 2009 DG FastChannel 2Q profit declinesDALLAS — DG FastChannel Inc., a digital media advertising services company, said Thursday it earned a lower second-quarter profit, but matched Wall Street expectations. Profit declined to $3.6 million, or 16 cents per share, from $4.1 million, or 23 cents per share, a year ago.
IBM backs full-year profit forecast
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