Solera Holdings Inc. (SLH) reported second-quarter net income attributable to the company of $23.278 million or $0.33 per share compared to $19.645 million or $0.29 per share last year.
Adjusted EPS increased to $0.54 from $0.39 prior year.
On average, 7 analysts polled by Thomson Reuters expected the company to report profit of $0.47 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues increased to $163.318 million from $131.301 million a year ago. Analysts expected revenue of $156.68 million for the quarter.
The company has updated its outlook for fiscal year ending June 30, 2010. Revenues are expected to be in the range of $629 million-$632 million; prior guidance was a range of $627 million-$632 million; Net Income is expected to be in the range of $70 million-$76 million; prior guidance was $62 million-$71 million; Adjusted Net Income is expected to be $136 million-$141 million; prior guidance was $132 million-$138 million; and Adjusted EPS is expected to be $1.94-$2.01; prior guidance was $1.89-$1.97.
The Audit Committee of the Board of Directors has approved a quarterly cash dividend of $0.0625 per share of outstanding common stock and per outstanding restricted stock unit. The dividend will be payable on March 22, 2010 to stockholders and restricted stock unit holders of record at the close of business on February 22, 2010.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.