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DAILY EARNINGS

Nordstrom Net Jumps, Dell Net Plunges


Author: Mukesh Buch
ticker.com
Last Update: 11:42 AM ET August 16 2013

10:45 AM New York Aspen Tech fourth quarter net swung to $20.4 million profit. Applied Materials third quarter net tumbled 23% to $168 million. Bally Technologies fourth quarter net surged 41% to $37.3 million. Dell second quarter net plummeted 72% to $204 million. Nordstrom second quarter net soared 18% to $184 million.

Earnings Review

Aspen Technology, Inc. (AZPN), the software company reported total revenue in the fourth quarter ending in June jumped 6% to $83.3 million. Net in the quarter swung to a profit $20.4 million or 21 cents a diluted share compared to a loss of $5.4 million or 6 cents.

The company added gross profit in the fourth quarter surged 38% to $70.3 million.

Applied Materials, Inc (AMAT), the chip equipment maker stated total net sales in the third-quarter ending in June plunged 15% to $1.98 billion. Net income in the quarter tumbled 23% to $168 million or 14 cents a diluted share compared to $218 million or 17 cents.

Bally Technologies, Inc (BYI), the gaming company said total revenues in the fourth-quarter ending in June advanced 8% to $264.4 million. Net income in the quarter surged 41% to $37.3 million or 95 cents a diluted share compared to $26.5 million or 61 cents.

Gross margin in the fourth quarter soared 62% to $172.7 million and operating income climbed 20% to $64.6 million.

For the year, the company expects diluted earnings per share in the range of $3.70 to $4.05.

CACI International Inc (CACI), the technology company stated revenue in the fourth quarter ending in June fell 4% to $912.9 million. Net income in the quarter plunged 12% to $37.9 million or $1.56 a diluted share compared to $43.3 million or $1.59.

For the year, the company expects revenues in the range of $3.50 billion to $3.70 billion and net income between $142 million and $152 million and diluted earnings per share in the range of $5.70 to $6.10.

Dell, Inc. (DELL), the information technology company reported revenue in the second quarter ending in June flat to $14.5 billion. Net income in the quarter plummeted 72% to $204 million or 12 cents a diluted share compared to $732 million or 42 cents.

The company added operating income in the quarter plunged 70% to $272 million.

For the second quarter, enterprise solutions segment revenue jumped 8% to $3.3 billion and services revenue rose 2% to $2.1 billion and revenue from software division was $310 million and end-user-computing revenue climbed 5% to $9.1 billion.

Nordstrom, Inc. (JWN), the specialty retailer said net sales in the second quarter ending on August 3 jumped 6% to $3.17 billion. Comparable store sales in the quarter climbed 4.4%.

Net earnings in the quarter soared 18% to $184 million or 93 cents a diluted share compared to $156 million or 75 cents.

For the year the company expects diluted earnings per share in the range of $3.60 to $3.70.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc