Technology One Posts Higher Fiscal H1 Earnings, Revenue

MT Newswires Live
20 May

Technology One (ASX:TNE) reported Tuesday that its earnings per diluted share in the fiscal first half rose to AU$0.1908 from AU$0.1466 a year earlier.

Analysts polled by Visible Alpha expected AU$0.182.

Total revenue for the six months ended March 31 was AU$291.3 million, up from AU$244.8 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected revenue, including total other income, of AU$280.1 million.

Revenue from ordinary activities stood at AU$285.7 million, compared with AU$240.8 million a year earlier.

The board declared an interim dividend of AU$0.066 per share, up from AU$0.0508 in the previously reported period, payable on June 13 to shareholders on record as of May 30.

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