BtoB

I2 posts strong earnings

Published on .

Reprints Reprints

Dallas-The market may be dive-bombing, but elite b-to-b companies look like they'll have strong earnings to report this week. Leading the way after the market close Tuesday was i2 Technologies Inc., which reported third-quarter earnings up nearly 300%, before special charges. The company earned $28.8 million, or 12 cents a share, topping analysts' expectation of 10 cents a share. Revenues for the quarter were $319.5 million, more than double the year-earlier figure of $146.3 million. I2 also announced plans for a stock split, its second this year.
In this article:
Most Popular