Logo
BodyBGTop
November 1, 2005
Earnings roundup: Microsoft and Sento announce revenue growth; ICT Group reports a record quarter; Reynolds and Reynolds expects a revenue loss; and more.
Posted Nov 1, 2005
Page 1



Microsoft announced its Q1 earnings of 2006 for the period ending September 30, 2005. The company reported revenue at $9.74 billion, a 6 percent increase over the $9.19 billion for the same period in the previous year. Operating income experienced a 16 percent year-over-year growth for the first quarter to $4.05 billion. Net income and diluted earnings per share for the first quarter were $3.14 billion and $0.29 per share. "We were very encouraged that customers continue to see the tremendous value in our Windows Server System products," said COO Kevin Turner in a written statement. "We will continue to invest in programs that further improve customer satisfaction and create value for our customers." Sento released its Q2 revenue earnings for 2006, which ended September 30, 2005, to the tune of $9.9 million in consolidated revenues, a 59.9 percent increase from the $6.2 for the same quarter last year. This growth included $2.9 million from the acquisition of Xtrasource in October 2004. The company also reported an operating income of $332,446 for the second quarter. "We achieved the essential milestone of returning to profitability through significant cost restructuring, strategic repositioning of our marketing efforts, and through conscientious execution of our plan," CEO Patrick O'Neal said in a written statement. Tekelec rang up $148.1 million in revenue for the third quarter of 2005. Overall, revenue increased 39 percent year over year. Net income was $8.7 million, or $0.12 per diluted share for the quarter. "The record quarterly revenues for all of our operating groups highlight the progress we are making executing on our strategy focused on next-generation switching, signaling, value-added applications, and global expansion," said CEO Fred Lax in a written statement. Epicor reported its third quarter earnings of 2005. Total revenues were $70.1 million, a 13 percent growth over the previous year's third quarter. License fees were $18.3 million, up 19 percent. Consulting revenue was $18.1 million while maintenance revenue was $33.7 million, representing 15 and 9 percent increase over the previous year's quarter, respectively.
ICT Group reported that its revenue for the third quarter of 2005 jumped 24 percent to a record $99.9 million compared to $80.4 million in last year's third quarter. Net income was $5.5 million, or $0.42 per diluted share. "Accelerated demand for our broadened base of sales and services capabilities and solutions, highlighted by double-digit gains across all our targeted vertical markets, resulted in record-breaking revenue for the quarter," said John Brennan, chairman and CEO of ICT Group, in a written statement. Reynolds and Reynolds says its expects to report a fourth quarter loss of $34 million, or $0.55 per share, and fiscal year 2005 earnings of $33 million or $0.51 per share. These expected results include charges associated with various items, including the previously announced discontinuation of the Reynolds Generations Series Suite. "The company's fundamental operating results are gaining strength," said Fin O'Neill, president and CEO, in a written statement. "We are seeing improvements in our customer retention rates, growth in order backlogs, and increases in CRM applications." Related articles: Microsoft Acquires a VoIP Startup An ICCM 2005 Product Showcase
Page 1
To contact the editors, please email editor@destinationCRM.com
Every month, CRM magazine covers the customer relationship management industry and beyond. To subscribe, please visit http://www.destinationCRM.com/subscribe/.
Learn more about the companies mentioned in this article in the destinationCRM Buyer's Guide:
{0}
Search
Popular Articles
 

BodyBGRight
Home | Get CRM Magazine | CRM eWeekly | CRM Topic Centers | CRM Industry Solutions | CRM News | Viewpoints | Web Events | Events Calendar
DestinationCRM.com RSS Feeds RSS Feeds | About destinationCRM | Advertise | Getting Covered | Report Problems | Contact Us