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Article: Stock watch: a short summary of recent stock market events and emerging GI related business information.
- Article from:
- GEO: connexion
- Article date:
- December 1, 2005
CopyrightCOPYRIGHT 2005 Bev-AL Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MapInfo Corporation (MAPS) reported the tenth consecutive quarter of year-over-year earnings per share growth for the company. Revenues for the fourth quarter grew 24 percent to [euro]33.7 million versus [euro]27.2 million for the same quarter last year. Operating income grew 34 percent to [euro]3.7 million, for an operating margin of 11.2 percent. "MapInfo's fourth quarter performance capped a year of consistent execution against our strategic plan and financial objectives during which we generated 11 percent organic growth and demonstrated the scalability of our business model," said Mark Cattini, president and chief executive officer.
Source: MapInfo November ...