Feeds

City turns up nose at Autonomy's cautious optimism

Shares slide on Q2 numbers

3 Big data security analytics techniques

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. ®

High performance access to file storage

More from The Register

next story
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
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
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
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

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.
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.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.