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July 29, 2005

Financial Results Wrapup

Automatic Data Processing, Inc. reported 10% revenue growth, to $8.5 billion, and 15% earnings per share growth for the fiscal year ended June 30, 2005. Pretax earnings grew 12% and net earnings grew 13% compared with last year. Diluted earnings per share of $1.79 increased 15% from $1.56 per share a year ago on fewer shares outstanding...Gartner, Inc. reported results for the second quarter ended June 30, 2005, the company's first period that included operations from META Group, Inc., which Gartner acquired on April 1, 2005. Total revenue for the second quarter of 2005 was $274.6 million, representing a 21% increase from $227.9 million in the second quarter of 2004. GAAP EPS was $(0.01) and normalized EPS was $0.12...Cognizant Technology Solutions Corporation announced revenue for the second quarter increased to $211.7 million, up 53% from $138.7 million in the second quarter of 2004. Net income for the second quarter increased to $36.0 million, or $0.25 per diluted share compared to $23.8 million or $0.17 per diluted share in the second quarter of 2004...ICT GROUP, INC. reported revenue for the 2005 second quarter increased 28% to $97.0 million compared to $75.5 million in the prior-year period. Net income for the second quarter of 2005 was $1.7 million, or $0.14 per diluted share, compared to $350,000, or $0.03 per diluted share, in last year's second quarter...Ceridian Corporation reported second quarter 2005 net earnings of $33.5 million, or $.22 per diluted share, on revenue of $358.0 million. For the second quarter of 2004, the net loss was $2.3 million, or $.02 per diluted share, on revenue of $316.5 million...PeopleSupport reported record revenues of $14.7 million for the second quarter of 2005, an increase of 41% over the second quarter of 2004 and 5% over the first quarter of 2005. Net income was $2.2 million or $0.12 per diluted share, as compared with net income of $1.3 million or $0.09 per diluted share for the second quarter of 2004, representing an increase of 74% year-over-year.

Posted by jbowles at July 29, 2005 10:59 AM