Autonomy says Q2 profit nearly doubled
Software-maker Britain's Autonomy Corp said that its second-quarter profit nearly doubled on strong revenue growth.
By Agencies |
LONDON: Software-maker Britain's Autonomy Corp said on Monday that second-quarter profit nearly doubled on strong revenue growth.
Net profit rose to US$30.5 mn in the three months through June 30, from US$16.5 mn in the same period a year earlier, the Cambridge, England-based company said in a statement.
Sales gained more than 70 per cent to US$125.6 mn.
"Our performance during this period has been driven by strong organic growth across all areas of our business," Chief Executive Mike Lynch said in a statement.
Autonomy's customers include eBay Inc, Toyota Motor Corp, Fox Media Group, and several international defense and intelligence agencies.
Shares in the company jumped 5.7 per cent to 1,065 pence (US$21.29) on the London Stock Exchange.
Net profit rose to US$30.5 mn in the three months through June 30, from US$16.5 mn in the same period a year earlier, the Cambridge, England-based company said in a statement.
Sales gained more than 70 per cent to US$125.6 mn.
"Our performance during this period has been driven by strong organic growth across all areas of our business," Chief Executive Mike Lynch said in a statement.
Autonomy's customers include eBay Inc, Toyota Motor Corp, Fox Media Group, and several international defense and intelligence agencies.
Shares in the company jumped 5.7 per cent to 1,065 pence (US$21.29) on the London Stock Exchange.
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