TechTarget

PeopleSoft profits restated upwards

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

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

CW+

Features

Enjoy the benefits of CW+ membership, learn more and join.

Read more

0 comments

Oldest 

Forgot Password?

No problem! Submit your e-mail address below. We'll send you an email containing your password.

Your password has been sent to:

-ADS BY GOOGLE

SearchCIO

SearchSecurity

SearchNetworking

SearchDataCenter

SearchDataManagement

Close