Feeds

City turns up nose at Autonomy's cautious optimism

Shares slide on Q2 numbers

Choosing a cloud hosting partner with confidence

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. ®

Beginner's guide to SSL certificates

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.