View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 15, 1998

COMPANY RESULT: KEANE INC

By CBR Staff Writer

Keane Inc, Boston-based technology consulting firm, has reported third-quarter net income up 98.1% at $25.3m on revenue up 55.6% at $280.5m. Nine-month net income rose 98% to $68.6m on revenue up 56.6% at $772.1m. Earnings per share rose 94.4% to $0.35 for the quarter and 95.9% to $0.96 for the year. Results include merger-related charges of $1.9m and $6.0m for the quarter and nine months, respectively. Net of the charges, earnings for the quarter would have been $0.38, a penny better than estimates. the company last week had issued a statement to assure investors that its business was sound after its shares had taken a rough ride.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU