PeopleSoft profits restated upwards


PeopleSoft profits restated upwards

PeopleSoft has revised its third-quarter profit upwards by $2.6m (£1.4m) to $26.2m.

The company said the updated earnings figure for the quarter, which ended 30 September, was the result of realising a higher tax benefit on the $6.4m charge it took to pay the severance package of chief executive Craig Conway, who was fired last month.

Linda Rosencrance writes for Computerworld

Related Topics: IT strategy, VIEW ALL TOPICS

Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

COMMENTS powered by Disqus  //  Commenting policy