STOCKHOLM, Sweden, Oct. 13, 2005 (PRIMEZONE) -- Orc Software AB:
January-September 2005
-- Revenue SEK 200 (186) million -- Operating income SEK 14 (29) million -- Operating margin 7.1 (15.4) percent -- Income after taxes SEK 12 (21) million -- Earnings per share SEK 0.86 (1.57)
July-September 2005
-- Revenue SEK 65 (58) million -- Operating income SEK 6 (4) million -- Operating margin 8.4 (7.2) percent -- Income after taxes SEK 5 (3) million -- Earnings per share SEK 0.33 (0.27)
Significant events
-- New financial targets:
-- Orc Software should achieve an annual revenue growth of at least
15 percent and an annual operating margin of at least 15 percent
in the medium term
-- The company is overcapitalized and the capital structure will be
reviewed
-- Agreement with OMX regarding development of a new front office product
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