View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 18, 1997updated 05 Sep 2016 12:57pm

DATA GENERAL CORP Q2 BEATS ESTIMATES

By CBR Staff Writer

Data General Corp’s second-quarter results soundly beat Wall Street estimates as the company reported net income up 119% at $13.8m on revenue up 16% at $389.3m. Earnings per share for the quarter rose 113% to $0.32, while analysts were expecting $0.27. The company says continuing sales growth of its Intel-based, Windows NT-running Aviion servers (up 10%) and its Clariion storage lines (up 38%) are responsible for the rosy results. Also during the quarter, Data General began shipping the first products from its Numaliine Intel-based server family to strategic partners. The products will be formally introduced later this spring. For the half-year, net income grew 120% to $24.2m on revenue up 11% at $541.8m. Earnings per share rose 111% to $0.57.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address 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.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU