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April 27, 2006
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FISERV REPORTS STRONG FIRST QUARTER, NAMES NEW CFO...Fiserv, Inc. reported total revenues for the first quarter increased 13 percent to $1,096.7 million compared to $973.1 million in 2005. First quarter earnings per share were $0.64, compared to $0.71 per share in 2005. Adjusted earnings per share were $0.64 for the quarter compared to $0.52 for the first quarter of 2005...Fiserv also announced that Thomas Hirsch will become its new chief financial officer effective July 1, 2006, replacing Kenneth Jensen, who is retiring after 22 years with the company. Hirsch was also named executive vice president and appointed to the management committee, effective May 1, 2006. Jensen, who announced his retirement last November, has agreed to serve as a special consultant to the CEO following his retirement.
EARNINGS ROUND UP...Kelly Services, Inc. announced revenue for the first quarter of 2006 totaled $1.360 billion, an 8.9% increase compared to the $1.249 billion for the corresponding quarter in 2005. Net earnings for the quarter totaled $8.6 million, a 117% increase compared to $3.9 million reported for the first quarter of 2005. Diluted earnings per share were $0.24, an increase of 118% as compared to first quarter 2005 earnings of $0.11 per share...Amdocs Limited reported that second quarter revenue was $601.1 million, an increase of 23.1% from last year's second quarter. Net income was $81.8 million, or $0.38 per diluted share, compared to net income of $74.3 million, or $0.34 per diluted share, in the second quarter of fiscal 2005...Keane Inc.'s revenues for the first quarter were $243.6 million, an increase of 4.9 percent from revenues of $232.2 million for the first quarter of 2005. Net income for the quarter was $5.4 million, a decrease of 25.9 percent from net income of $7.3 million for the first quarter of 2005. Diluted earnings per share (EPS) for the quarter was $.09, compared to EPS of $.11 for the first quarter of 2005...Harte-Hanks, Inc. reported first quarter 2006 diluted earnings per share of $0.29 on revenues of $278.4 million. These results compare to diluted earnings per share of $0.29 on $268.3 million in revenue for the first quarter of 2005...The TriZetto Group, Inc. reported diluted earnings per share (EPS) for the first quarter of 2006 of $0.15, on revenue of $85.3 million. EPS performance was $0.01 better than the high end of the company's guidance range...Ceridian Corporation reported first quarter 2006 net earnings of $36.2 million, or $.24 per diluted share, on revenue of $384.3 million. For the first quarter of 2005, net earnings were $22.0 million, or $.15 per diluted share, on revenue of $357.4 million...EMCOR Group, Inc. reported first quarter income from continuing operations of $7.6 million, or $0.24 per diluted share, more than three times its income from continuing operations of $2.0 million, or $0.06 per diluted share, in the first quarter of 2005. Net income for the quarter was $7.0 million, or $0.22 per diluted share, compared to net income of $1.9 million, or $0.06 per diluted share in the first quarter of 2005...ICT Group, Inc. reported revenue for the first quarter of 2006 increased 20% to a record $113.1 million compared to $94.0 million in last year's first quarter. Net income was $2.8 million, or $0.21 per diluted share, compared to $1.1 million, or $0.08 per diluted share, in the prior-year period.
CONVERGYS WINS CRM MAGAZINE AWARD...Convergys Corporation announced today that CRM magazine selected Convergys as a 2006 Service Leader Award recipient for outsourcing services. This is the second consecutive year that Convergys has received this award.
Posted by jbowles at April 27, 2006 04:06 PM
