Sungard Data Systems Inc has reported fourth quarter net profits up 8.9% at $14.5m including charges of $5.2m for purchased research and development on revenue up 25.6% at $193.3m; net profits for the year to December 31 were down 28.3% at $34.9m including a charge of $33.5 for purchased research and development on revenue up […]
Sungard Data Systems Inc has reported fourth quarter net profits up 8.9% at $14.5m including charges of $5.2m for purchased research and development on revenue up 25.6% at $193.3m; net profits for the year to December 31 were down 28.3% at $34.9m including a charge of $33.5 for purchased research and development on revenue up 25.8% to $670.3m. Net earnings per share, adjusted for a two-for-one split in July 1995, was up 9.7% to $0.34 in the quarter, but fell 34.1% to $0.81 in the year.
