i2 Technologies, Inc. was up 1.19 at 41.94 early Tuesday after the e-commercesoftware maker said fourth-quarter revenue and earnings will beat analysts’forecasts.
i2 said it expects revenue to top US$370 million, which is above the $342 millionpredicted by analysts. Revenue for the full year, the company said, will bemore than $1.1 billion, as license revenue for the quarter and year more thandoubled.
The Dallas, Texas-based company said strong sales of its TradeMatrix products boostedrevenue in the quarter and the year. The company’s software powersbusiness-to-business (B2B) e-commerce exchanges.
Operating income, before extraordinary charges and amortization, “stronglyexceeded” analysts’ $51 million consensus, i2 said.
i2 plans to report results after the close of trading on January 17th.According to First Call/Thompson Financial, analysts expect the company toearn 8 cents per share in the fourth quarter.
In the second quarter, i2 reported income before amortization and charges of$28.8 million, or 12 cents per fully diluted share, up from $10 million,or 6 cents per share, in the year-earlier quarter. Revenue rose 118 percent from a year earlier to $320 million, which included $202 million in license revenue.
i2 recently announced plans to build its contentservices offerings with the acquisition of Trade Services Holdings’content divisions.
i2 is buyingTrade Service Corp., which provides information on 5.2 million items to asubscriber base of 24,000 North American manufacturers, suppliers,distributors and contractors, and Ec-content, which develops and managescontent for digital marketplaces, e-procurement and supplier syndication.
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