Menu
Menu
Objective 1H profit soars 140% to $1.2m

Objective 1H profit soars 140% to $1.2m

recorded a first-half profit of $1.2 million, a 140% increase on 1H09.

The company raised its revenue 25% to $21.1 million, due primarily to strong growth from Europe. European revenue grew 69% to $6.2 million, while APAC revenue increased 14% to $12.5 million.

Earnings per share increased 125% to 0.9 cents, but the company did not declare an interim dividend.

Objective said it invested $5 million, or around 24% of its revenue, on research and development.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags collaborationsoftwarefinancial resultsWord ProcessingObjective Corporation

Show Comments
Computerworld
ARN
Techworld
CMO