Solera Holdings posts 4th-qtr profit as rise in auto recycling revenue offsets other declinesAugust 28th, 2009 Solera Holdings posts fiscal 4Q profitSAN DIEGO — Solera Holdings Inc., which provides software and services for the auto insurance claims industry, said Thursday it posted a fiscal fourth-quarter profit as revenue gains in the company's automotive recycling unit offset declines in other areas. The company earned $11.8 million, or 17 cents per share, compared with a loss of $21.6 million, or 34 cents per share, a year ago.
Solera Holdings declares 6.25-cent dividend payable on Sept. 28August 28th, 2009 Solera Holdings declares 6.25-cent dividendSAN DIEGO — Solera Holdings Inc., which provides software and services for the auto insurance claims industry, said Thursday its board has approved its first quarterly cash dividend of 6.25 cents. The dividend is payable on Sept.
ExlService Holdings 2Q profit tumbles from year-ago period, meets estimatesAugust 6th, 2009 ExlService Holdings 2Q profit falls, shares slipNEW YORK — Outsourcing company ExlService Holdings Inc. said Thursday its second-quarter profit dropped more than 50 percent, as revenue fell almost 10 percent, but its results met Wall Street estimates.
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.
Analyst sees slump in offshore IT sector bottoming, but upturn not yet visibleAugust 24th, 2009 Analyst sees offshore IT sector slump bottomingA Wells Fargo analyst upgraded the offshore information technology and business process outsourcing sector on signs that its business slump may be bottoming. Jennifer Fritzsche raised her rating on the sector to "Market Weight" from "Underweight." While cautioning that a business upturn is not yet apparent, she said there are signs the market is stabilizing especially in financial services as well as the North American market.
CA 2nd-quarter profit is nearly flat as revenue inches lower, but outlook sends shares higherJuly 23rd, 2009 CA 2Q profit nearly flat, but outlook lifts sharesISLANDIA, N.Y. — Business management software company CA Inc.
HP offers 2010 profit, sales forecast in line with estimates; sees better PC businessSeptember 24th, 2009 HP offers 2010 outlook in line with estimatesSAN JOSE, Calif. — Hewlett-Packard Co.
Microsoft says 4Q profit drops 29 percent, posts first full-year drop in sales since IPOJuly 23rd, 2009 Microsoft fiscal 4Q profit falls 29 percentSEATTLE — Microsoft Corp. said Thursday its profit in the last quarter plunged 29 percent because of weak computer sales, ending a fiscal year in which the software maker's revenue fell for the first time since the company went public in 1986.
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.
Intuit posts wider 4th-quarter loss as sales slip while costs rise; fiscal year profit slipsAugust 20th, 2009 Intuit posts wider 4Q loss as sales slow, costs upMOUNTAIN VIEW, Calif. — Personal finance and business software maker Intuit Inc.
Wipro projects $1.05 billion from IT services in Q4January 20th, 2009 BANGALORE - Wipro Ltd Wednesday projected $1.05 billion (Rs.51.73 billion) revenue from its global IT services for the fourth quarter (January-March) of this fiscal (2008-09). In regulatory filing to the stock exchanges, the IT bellwether said the outlook for this quarter (Q4) was based on revenue from its IT services in the third quarter (October-December) of this fiscal at $1.13 billion under the American accounting system (US GAAP).
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.
Intuit forecasts wider 1st-quarter loss, fiscal-year profit below Wall Street viewAugust 20th, 2009 Intuit 1Q loss forecast wider than Street viewMOUNTAIN VIEW, Calif. — Personal finance and business software maker Intuit Inc.
Indian IT exports projected to grow in single digitMay 6th, 2009 BANGALORE - The Indian IT industry is set to witness a single-digit growth in software and services exports in 2009-10 because of global recession and lower technology spending in the US and Europe, a top industry body official said Wednesday. 'Software exports of Indian IT industry are projected to grow in single digit this fiscal due to economic slowdown and lower tech budgets in major markets like the US and Europe.
Lawson Software predicts profit up to 3 cents per share in fiscal 2nd quarterSeptember 30th, 2009 Lawson Software predicts 2Q profitST. PAUL, Minn. — Lawson Software Inc.