Feeds

City turns up nose at Autonomy's cautious optimism

Shares slide on Q2 numbers

Next gen security for virtualised datacentres

Autonomy shares bombed more than 10 per cent this morning, after the software firm reported its second quarter results.

The Cambridge-based company, which provides search data software, posted Q2 revenue today that it said was in line with expectations with earnings slightly up on that forecast.

It reported revenue of $195.2m, compared to $125.65m for the same period a year earlier. It said adjusted diluted earnings per share of $0.26 were up 10 cents for the three months ended 30 June compared to the same quarter last year. Pre-tax profits were $50.39m compared to last year's $30.5m.

Autonomy said deferred revenue stood at $170.2m at the end of the quarter, up on Q1's figures.

"[The] company continues to perform well in uncertain times... Strong growth continues reaffirming our view of the full year," said the firm in a statement adding it was "cautiously optimistic."

However, cautious optimism doesn't really do it for the City, and at time of writing, Autonomy shares tanked 10.85 per cent at 144.00 pence per share. ®

Build a business case: developing custom apps

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Broadband slow and expensive? Blame Telstra says CloudFlare
Won't peer, will gouge for Internet transit
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
prev story

Whitepapers

Best practices for enterprise data
Discussing how technology providers have innovated in order to solve new challenges, creating a new framework for enterprise data.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?