Patni's 2006 revenues up 28.5 percent
Patni Computer Systems (Patni) announced its financial results for the fourth quarter and year ended 31st December 2006.
Related Stories:
- Patni achieves Gold Certified Partner status in Microsoft...
- Microsoft's Garage Science Fair showcases Kinectacles and...
- Garmin launches two navigation devices in India
As stated in Q2 2006 release for the quarter ended June 30, 2006, prior years' tax review by the IRS and a review by the Department of Labor of Patni's US operations had resulted in additional provisions which led to an increase in gross profit and operating income by approximately US$ 7.0 million and decrease in net income by US$ 19.9 million for Q2 2006 .
Variations in Patni's Q2 2006 financial performance as a result of these reviews had been referred to as 'additional provisions' in the said press release. Financial Performance for the year ended December 2006 excluding these additional provisions have also been considered for comparative performance review with 2005 in this release.
Listed under tags :
Recommended Stories:
Colour Management in Adobe and Corel Products
Terry Relph-Knight Aside from any OS supported colour management such as the ICM......McAfee introduces Mobile Security Risk Management
McAfee, announced the launch of McAfeeR Mobile Security Risk Management, a new modular......More buyers home in on Office 2007
Sales of Office 2007 were substantially better than those of Office 2003 during the......Tag Cloud
- lcd
- ir
- productivity
- microsoft
- audio
- adobe
- sony
- multimedia
- unified threat management
- camera
- iphone
- security
- green
- 3d
- pc
- software
- apple
- windows 7
- open source
- windows 8
- nokia
- technology
- storage
- gadgets
- gogear
- cpu
- tablet
- movie review
- linux
- kodak
- regsvr.exe
- digit magazine
- amazon
- icons of trust
- science
- gpu
- windows
- cable
- icons of trust 2012
- mobile
- moores law
- gaming
- research
- internet
- ibm
- graphics
- august
- android
- july
