SG TEST 5 - Please ignore - XHTML release on May 14
By Prn Test Company, PRNEFriday, May 13, 2011
LONDON, May 14, 2011 -
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(in thousands, except per share amounts)
Three Months Ended Six Months Ended
(unaudited) (unaudited)
June 30, June 30, June 30, June 30,
2010 2009 2010 2009
Continuing operations $'000 $'000 $'000 $'000
Revenues (see note 4) 221,125 195,192 415,305 324,971
Cost of revenues (excl.
amortization) (30,323) (23,628) (51,865) (36,417)
Amortization of purchased
intangibles (14,898) (15,105) (29,432) (20,459)
Total cost of revenues (45,221) (38,733) (81,297) (56,876)
Gross profit 175,904 156,459 334,008 268,095
Operating expenses:
Research and development (27,741) (28,781) (55,523) (48,791)
Sales and marketing (50,557) (37,110) (93,457) (65,870)
General and administrative (17,264) (15,508) (34,519) (26,796)
Other costs
Post-acquisition restructuring
costs (558) - (558) (846)
(Loss) profit on foreign exchange (2,777) (694) 184 (1,127)
Total operating expenses (98,897) (82,093) (183,873) (143,430)
Profit from operations 77,007 74,366 150,135 124,665
Share of loss of associate (333) (85) (671) (526)
Interest receivable 2,178 168 2,985 791
Interest payable (11,372) (2,757) (16,169) (3,261)
Profit before income taxes 67,480 71,692 136,280 121,669
Income taxes (15,129) (20,817) (34,215) (36,278)
Net profit 52,351 50,875 102,065 85,391
Basic earnings per share $ 0.22 $ 0.21 $ 0.42 $ 0.36
Diluted earnings per share $ 0.21 $ 0.21 $ 0.42 $ 0.36
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congue. Phasellus mattis, turpis ut vulputate faucibus, tortor
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Contact:
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Sagittis@neque.com
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