Feeds

EMC's services biz boosts Q2

Software still slow

  • alert
  • submit to reddit

3 Big data security analytics techniques

EMC's services business carried it higher in the second quarter, as the storage maker was able to hit the high side of analyst expectations.

EMC churned out $1.48 billion for the quarter ended June 30. This marks a 7 percent rise over the $1.39 billion posted in the same period a year ago.

For what it's worth, analysts had a consensus estimate of $1.46 billion in revenue for EMC.

Net income rose to $82 million in the quarter compared to $1 million last year.

EMC CEO Joe Tucci put his usual flair on hold when characterizing the quarter. "The two words that best describe EMC's second quarter performance are solid and balanced," he said in a statement.

EMC pointed to sequential gains in both its hardware and software businesses, but it's the year-on-year compares that usually provide a better picture of a company's health.

EMC has been trying to drive software sales hard over the last year, but app revenue came in rather flat. EMC posted $321 million in software revenue this Q2 compared to $320 million the previous year. Perhaps the acquisition of Legato will help turn things around.

Storage systems revenue did climb higher from $779 million last year to $803 million. But it was the services business that performed the best. Services revenue hit $328 million this quarter compared to the $251 million in last year's Q2. EMC has found a way to wring more money out of its customer base in these tough times.

EMC expects revenue between $1.45 billion and $1.50 billion in its third quarter. Shares of EMC were dropping at the time of this report - down 4.25 percent to $10.60. ®

SANS - Survey on application security programs

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Kingston DataTraveler MicroDuo: Turn your phone into a 72GB beast
USB-usiness in the front, micro-USB party in the back
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
BOFH: Oh DO tell us what you think. *CLICK*
$%%&amp Oh dear, we've been cut *CLICK* Well hello *CLICK* You're breaking up...
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
IT bods: How long does it take YOU to train up on new tech?
I'll leave my arrays to do the hard work, if you don't mind
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
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.