Keane Reports Strong Third Quarter - InformationWeek

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10/19/2004
04:42 PM
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Keane Reports Strong Third Quarter

Revenue jumps 17% and net income 45% for outsourcer with operations in U.S., U.K., Canada, and India.

IT outsourcing firm Keane Inc. on Tuesday reported solid increases in revenue and profits for its third quarter, ended Sept. 30.

Revenue rose 17% to $234 million for the quarter, the company said, while net income improved 45% to $8.1 million. Earnings per share increased 44% to 13 cents. Third-quarter bookings rose 7.2% to $205.2 million.

Keane mostly provides application-related services and maintains facilities in the United States, the United Kingdom, Canada, and India.

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