Feeds

Imaging software firm warns of hardware difficulties ahead

Peerless says outlook not good until year 2000

  • alert
  • submit to reddit

Top three mobile application threats

An imaging software company has issued a profits warning which it said will extend into the year 2000 because OEMs which use its products in their products are failing to sell as many machines as they had anticipated. Peerless Systems reported that while its second quarter results showed an increase in net profit and turnover increased by over 40 per cent, the outlook for the sector will be disappointing in the future. That caused its shares to plunge on Wall Street by over $13. However, the implications for Peerless customers, some of which are large OEMs, is likely to be far more severe. Peerless had a turnover of $8.5 million in its second quarter and showed net profits of $1.5 million. The hardware companies which use the Peerless imaging software have been hit by lack of demand as well as the Asian economic woes which have seriously affected many manufacturers during the course of the first nine months of 1998. Peerless shares stood at just over $7 on Wall Street when trading closed on Friday. ®

3 Big data security analytics techniques

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.