Diamond Management & Technology Consultants Inc.'s (DTPI) second-quarter net income jumped to $1.92 million from $0.52 million in the year-ago period. Second quarter earnings per share were $0.07 compared with $0.02 in the year earlier period.
Second quarter net revenue grew to $43.58 million from $40.5 million in the second quarter of fiscal year 2009. On average, 3 analysts polled by Thomson Reuters expected earnings per share of $0.04 on revenues of $39.0 million for the quarter. Analysts' estimate typically excludes one-time items.
Looking ahead to the third quarter of fiscal 2010, GAAP earnings per share are expected to be in the range of $0.07 - $0.08 per share. Third quarter net revenue is expected to be in the range of $43.5 million - $45.5 million. Three analysts expect earnings per share of $0.03 on revenues of $39.83 million for the third quarter.
For comments and feedback: editorial@rttnews.com