VanceInfo in the second quarter net profit of 470 million U.S. dollars year-on-year decline of 33.8%
Linkedin

VanceInfo in the second quarter net profit of 470 million U.S. dollars year-on-year decline of 33.8%

Aveiro : Portugal | Aug 10, 2012 at 10:39 PM PDT
XX XX
Views: Pending
 



[ REVIEW ] VanceInfo second quarter net revenues of $ 94.7 million, an increase of 38.8% from $ 68.2 million a year earlier. Evans held cash, cash equivalents, restrict the user to cash, Bateria para Toshiba Satellite L505-S6962 time deposits and short-term investments totaled $ 81.6 million.

IDG (loudly) Beijing on August 10, according to foreign media reports, VanceInfo (NYSE Stock Code: VIT ) Friday released the second quarter of 2012, the company's unaudited financial statements. The results, VanceInfo in the second quarter net revenues of $ 94.7 million, an increase of 38.8%; net profit of $ 4.7 million, down 33.8 percent.

The main results of the second quarter:

- VanceInfo in the second quarter net revenues of $ 94.7 million, an increase of 38.8% from $ 68.2 million in the prior year period.

- VanceInfo in the second quarter gross profit was $ 30.9 million,Bateria para Toshiba Satellite L505D series an increase of 24.4% from $ 24.8 million in the prior year period. VanceInfo in the second quarter gross margin was 32.6%, 36.4% less than a year earlier.

- VanceInfo in the second quarter operating profit of $ 5.5 million, $ 7.7 million less than the same period last year. Not in accordance with U.S. GAAP, VanceInfo in the second quarter operating profit of $ 9.1 million, $ 10 million less than the same period last year. Not in accordance with U.S. GAAP, VanceInfo in the second quarter operating margin was 9.6%, 14.7% less than a year earlier.

- VanceInfo in the second quarter net profit of $ 4.7 million, less than $ 7.1 million a year earlier.Bateria para Toshiba Satellite L505-S6956 Not in accordance with U.S. GAAP, VanceInfo in the second quarter net profit of $ 8.2 million, less than $ 9.5 million a year earlier. Not in accordance with U.S. GAAP, VanceInfo second-quarter net profit of 8.6%, 13.9% less than a year earlier.

- In accordance with U.S. GAAP and in accordance with U.S. GAAP, VanceInfo in the second quarter per share diluted ADS were $ 0.11 and $ 0.19, a year earlier to $ 0.16 and $ 0.21.

- As of June 30, 2012, Evans held cash, cash equivalents, restrict the user to cash, time deposits and short-term investments totaled $ 81.6 million.

The main results of the first half of 2012:

- VanceInfo the first half of the net revenues of $ 180.9 million, an increase of 43.9% from a year earlier of $ 125.7 million.

- VanceInfo in the first half gross profit was $ 58,000,000,Bateria para Toshiba Satellite L505- S6959 an increase of 25.1% from $ 46.3 million in the prior year period. VanceInfo in the first half gross margin was 32.0%, 36.9% less than a year earlier.

- VanceInfo in the first half operating profit of $ 8.7 million, $ 14.1 million less than the same period last year. Not in accordance with U.S. GAAP, VanceInfo in the first half operating profit of $ 15.1 million, less than a year earlier to $ 18.6 million. Not in accordance with U.S. GAAP, VanceInfo in the first half operating margin of 8.7%, 15.1% less than a year earlier.

- VanceInfo in the first half net profit of $ 8,000,000, less than a year earlier to $ 14.1 million. Not in accordance with U.S. GAAP, VanceInfo first half net profit of $ 15.1 million, less than a year earlier to $ 18.6 million. Not in accordance with U.S. GAAP, VanceInfo first half net profit was 8.4%, 14.8% less than a year earlier.

- In accordance with U.S. GAAP and not in accordance with U.S. GAAP, VanceInfo in the first half American depositary share, diluted earnings of $ 0.18 and $ 0.34 respectively, Bateria para Toshiba Satellite L505D-S6948 a year earlier to $ .31 and $ .40.

Outlook:

VanceInfo expects the company's 2012 third quarter net revenue will 95000000-97000000 U.S. dollars, an increase of 35-38%; not in accordance with U.S. GAAP per share diluted ADS of $ 0.18 to $ .20.

ptbaterias is based in Lisbon, Lisboa e Vale do Tejo, Portugal, and is a Stringer on Allvoices.
Report Credibility
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
 
 
Advertisement
 

News Stories

 
  • HiSoft Reports Second Quarter 2012 Financial Results

      PR Newswire
    Revenues from the Company's top three, top five and top ten clients accounted for 22.6%, 32.1% and 45.2% of net revenues, respectively, during the first half of 2012, compared to 29.1%, 38.9% and 54.8%, respectively, for the corresponding period in...

Blogs

 >

More From Allvoices

Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Most Commented Reports



Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.