Net income in the third quarter 2011 was $3.2 million and non-GAAP net income
was $6.1 million, both of which reflected approximately $2.4 million of expenses, including certain one-time items, associated with its recent expansion efforts in the financial services vertical in September 2011. Diluted earnings per share were $0.07 and non-GAAP diluted EPS were $0.14 for the third quarter 2011. Analysts were expecting a net profit of $0.16 per share for the company on non-GAAP basis. Net revenues for the third quarter 2011 increased to $70.3 million, up 25.9 percent from $55.9 million for the third quarter 2010. Gross profit for the third quarter 2011 was $24.0 million, up 18.2 percent from $20.3 million for the same period in 2010. Gross margin for the third quarter 2011 was 34.1 percent, compared to 36.3 percent for the third quarter 2010.
UniTek Global Services, Inc. (Nasdaq: UNTK), which provides outsourced infrastructure and technical services to the wireless and wire-line telecommunications, satellite television, and broadband cable industries in the U.S. and Canada, will unveil its FY 2011 Q3 earnings after the closing bell today. Analysts estimate a net profit of $0.12 per share for the company. It has a market capitalization of $82.07 million with more than 16 million outstanding shares.
Dell Inc. (Nasdaq: DELL), a leading provider of integrated technology solutions in the information technology industry worldwide, will declare its FY 2012 Q3 earnings today. Analysts estimate a net profit of $0.47 per share for the company. It has a market capitalization of $28 billion with a P/E ratio of 8. It has more than 1.87 billion outstanding shares.
Concur Technologies, Inc. (Nasdaq: CNQR), which provides on-demand employee spend management solutions worldwide, will unveil its FY 2011 Q4 earnings later today. Analysts estimate a net profit of $0.24 per share for the company. It has a market capitalization of $2.68 billion with a P/E ratio of 400.99. It has more than 55 million outstanding shares.
Bob Evans Farms Inc. (Nasdaq: BOBE), a full-service restaurant company, owns and operates full-service restaurants under the Bob Evans and Mimi's Cafe brand names in the U.S., will declare its FY 2012 Q2 earnings later today. Analysts estimate a net profit of $0.53 per share for the company. It has a market capitalization of $1.02 billion with a P/E ratio of 17.06. It has more than 30 million outstanding shares with a dividend yield of 3 percent.
Autodesk Inc. (Nasdaq: ADSK), which provides design software and service solutions to customers in architecture, engineering, and construction; manufacturing; and digital media and entertainment industries, will report its FY 2012 Q3 earnings today. Analysts expect a net profit of $0.41 per share for the company. It has a market capitalization of $7.83 billion with a P/E ratio of 31.10. It has more than 236 million outstanding shares.