Data#3 issues lower-than-expected pre-tax profit guidance for FY12
- 15 June, 2012 12:36
IT services provider Data#3 has announced pre-tax profit will be lower in its 2012 financial year, citing difficult economic environment and the tendency for customers to delay major IT projects.
The Brisbane-based ICT supplier expects pre-tax profit in the range of $18.5 million to $19.5 million, compared to $21.8 million in pre-tax profit in last fiscal.
Data#3's stock was up 6.5 per cent at $1.06 in Friday afternoon trading.
Data#3 managing director, John Grant, said that the profit was consistent with the long term trend. It has achieved steady revenue growth in a period of “challenging industry dynamics.”
Data#3 saw $697 million in revenues for its 2010-11 financial year, up 16% from the previous year.
It has about 1000 staff.
- CITRIX SYNERGY ’13: Christiancen highlights the need for collaboration
- CITRIX SYNERGY ’13: Devices will change how people work, says Duursma
- Smartphone chips could replace server processors in HPC, researchers say
- iPhone 6 rumour rollup for the week ending May 24
- iPad 5 rumour rollup for the week ending May 23
Box buys iOS app to improve its own
Growing mobile malware threat swirls (mostly) around Android
Barracuda Networks raises free capacity of Copy.com to 15GB
Coke gives peace a chance ( +16 photos)
ASI brings LapCabby to Australia