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Fine FY end for HCL
With final quarter revenue growth that left its Bangalore-based rivals in the shade (see Wipro shares the 'Bangalore blues') , Noida-headquartered offshore services firm HCL finished its FY with...
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Tough Q1 for BT Global Services
BT has released its Q1 results this morning. Total revenue was down 6% in the quarter, or 3% if we use BT’s preferred “ex transit” measure. It looks as though BT Global Services had an especially...
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More on BT's Q1 results
As promised, we have posted more comments on BT's Q1 performance, following the call with management this morning. The piece - BT: another player grows profits in no-growth market - is available to...
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Software vendors staring business model disruption in the face?
We highlighted the significance of the European Court of Justice ruling on second hand software sales earlier this month - further analysis reveals just how disruptive this decision could be for all...
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Capgemini increasingly confident on outlook
In H112, Capgemini’s top line revenue growth of 8.3% to €5.2b benefited significantly from favourable exchange rate effects as well as the integration of acquired companies such as Prosodie....
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Colt’s year of improvement continues
Colt has announced H1 results that show it is continuing to deliver the revenue growth it promised. Shares are up 5% in trading this morning. We expected a better 2012 from Colt (see Colt finally...
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Facebook shares slump
Facebook shares had a double nose-dive today. 7% down in the session and then another 10% fall in after hours trading. Their first quarterly results since the IPO actually came in slightly ahead of...
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Instem warns on full year
Uncertainty in the global pharmaceutical market is still taking its toll on Instem, the AIM-listed provider of IT applications to the ‘early development healthcare market’. The company warned today...
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Phoenix: Q1 wobble but full year unchanged
Phoenix IT Group has released an interim management statement this morning. The company says the bedding in of its new organisational structure has impacted performance in Q1 (i.e. April to June). It...
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Promethean: from bad to even worse
If you thought Promethean World’s Q1 results were bad (see Promethean: from bad to worse), you won’t want to read the detail of today’s first half performance. The hardware-focused education...
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Revenue rises but income still shaky at Citrix in Q2
Citrix stood up well in Q2, despite being buffeted by changes in spending patterns in Europe and a shaky income position, due to ongoing sales of its Xen product line and its GoTo family of SaaS...
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Symantec drops income and CEO in Q1
Symantec is a company that really should be doing better than it is, due to demands for enhanced security in a cloud and mobile world, but it has not been able to consistently capitalise on its...
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Temenos: acting tactically not strategically
Given the ongoing state of uncertainty in the financial sector, banking software specialist Temenos was always going to suffer, but the Q2 problems it revealed earlier this month when it released its...
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Zynga bodes ill for Facebook
Facebook’s first quarterly earnings since their ill-fated IPO are due out tonight. Shares are already down over 20% in what one newspaper described as ‘the worst IPO in a decade’. Not exactly true…...
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Acquisition number 11 for 6 Degrees
Serial mid-market acquirer 6 Degrees Group is at it again. The company has just announced that it’s buying Surrey-based Cloud Computing Centre - its eleventh piece of M&A since May 2011 (see 6...
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Atos UK in the ascendancy
New (since the beginning of the year) Atos UK CEO, Ursula Morgenstern, should have every reason to be smiling today. Not only does the day mark the start of the Olympics ‘proper’ (Atos is the prime IT...
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Capgemini UK peddling hard to make up for Aspire declines
This morning (see Capgemini increasingly confident on outlook) we promised a deeper dive into the performance of Capgemini’s UK business in Q212 (and H112). Capgemini’s Executive Team described the UK...
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Facebook value dips below $50b
Further to my Facebook shares slump post last night, Facebook has opened today some 15% down which means they are now valued at slightly less than $50b for the first time. Of course, that was the...
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Mastek returns to profit
After a very difficult prior year, Mumbai-based offshore services firm Mastek returned to profit in FY12 (to 30th June), but only just. Headline revenues (Indian GAAP) grew by 22% yoy to Rs7.24b...
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1Spatial not yet in orbit
Well, better late than never (maybe). The recently reconstituted, AIM-relisted buy-and-build vehicle, 1Spatial (see Avisen prepares for graft of third leg) has just announced its results for the year...
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