AP
Interactive Data 4Q Profit Jumps
Thursday February 21, 10:41 am ET
Interactive Data 4th-Quarter Profit Jumps Amid Solid Global Demand
BEDFORD, Mass. (AP) -- Financial data provider Interactive Data Corp. said Thursday its fourth-quarter profit jumped 29 percent, fueled by solid results in its pricing and reference data business.
The results beat Wall Street's expectations, and the company's shares rose nearly 10 percent in morning trading.
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The company earned $31.9 million, or 33 cents per share, up from a profit of $24.8 million, or 26 cents per share, in the same period a year earlier.
Revenue rose 13 percent to $182.1 million from $161.1 million.
Analysts, on average, expected a profit of 31 cents per share, according to a poll by Thomson Financial.
The company's pricing and reference data business posted sales of $114.3 million, up 16 percent from a year earlier and driven by higher global demand.
For the full year, the company earned $126 million, or $1.30 per share, up 33 percent from $93.4 million, or 98 cents per share, a year earlier.
Revenue rose 13 percent to $689.6 million from $612.4 million.
Shares rose $2.85, or 9.9 percent, to $31.55.
I look at Interactive Data (eSignal) as I do the pharmaceutical companies. All their interest lies with making their share holders $$$$
The pharmaceutical companies goals are to have you take as many meds for the rest of your life without any care if all the meds you take make you more ill or even kill you as many do! eSignal acts in the same way. They promise all of us users hope of a better platform better data performance with out any care the harm it does to us as users. With all those profits you would think they would step up and modernize their shitty platform they offer all of us now.! Shame on you Interactive Data Company, Shame on you! I am looking at alternatives to rid myself of this irresponsibly. What they are doing needs to be put out in all financial papers to try and hit esignal were it counts! I hope anybody who has been thinking about using esignal avoids them from reading what their service is really like. The last two weeks have been sickening.
Interactive Data 4Q Profit Jumps
Thursday February 21, 10:41 am ET
Interactive Data 4th-Quarter Profit Jumps Amid Solid Global Demand
BEDFORD, Mass. (AP) -- Financial data provider Interactive Data Corp. said Thursday its fourth-quarter profit jumped 29 percent, fueled by solid results in its pricing and reference data business.
The results beat Wall Street's expectations, and the company's shares rose nearly 10 percent in morning trading.
ADVERTISEMENT
The company earned $31.9 million, or 33 cents per share, up from a profit of $24.8 million, or 26 cents per share, in the same period a year earlier.
Revenue rose 13 percent to $182.1 million from $161.1 million.
Analysts, on average, expected a profit of 31 cents per share, according to a poll by Thomson Financial.
The company's pricing and reference data business posted sales of $114.3 million, up 16 percent from a year earlier and driven by higher global demand.
For the full year, the company earned $126 million, or $1.30 per share, up 33 percent from $93.4 million, or 98 cents per share, a year earlier.
Revenue rose 13 percent to $689.6 million from $612.4 million.
Shares rose $2.85, or 9.9 percent, to $31.55.
I look at Interactive Data (eSignal) as I do the pharmaceutical companies. All their interest lies with making their share holders $$$$
The pharmaceutical companies goals are to have you take as many meds for the rest of your life without any care if all the meds you take make you more ill or even kill you as many do! eSignal acts in the same way. They promise all of us users hope of a better platform better data performance with out any care the harm it does to us as users. With all those profits you would think they would step up and modernize their shitty platform they offer all of us now.! Shame on you Interactive Data Company, Shame on you! I am looking at alternatives to rid myself of this irresponsibly. What they are doing needs to be put out in all financial papers to try and hit esignal were it counts! I hope anybody who has been thinking about using esignal avoids them from reading what their service is really like. The last two weeks have been sickening.
