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Autonomy sees record quarter ahead

UK search company is promising to deliver strong results later this month
Written by Colin Barker, Contributor

Search software company Autonomy has announced that it expects to deliver a record performance when it releases its third-quarter results on 24 October.

Revenues should be "ahead of the top end of analyst estimates [with] consequentially strong profit before tax performance", the UK-based company said on Wednesday.

"We are pleased to be able to report continued strong year-on-year growth in the third quarter," said chief executive Dr Mike Lynch. "This is traditionally the weakest [quarter] seasonally," he said.

Autonomy's products are designed to help companies manage the mass of data that exists across their corporate systems. It has been building up a very strong customer base, which now includes BAE Systems, Boeing, Ford, DaimlerChrysler, Shell, AOL, BBC, Reuters, Hutchison 3G, Ericsson, T-Mobile, Philips, Coca Cola, Kraft Foods, Nestle, Lloyds TSB, GlaxoSmithKline, KPMG, Citigroup, ABN AMRO, Deutsche Bank and Nomura.

The company claims more than 300 OEM partners and 350 resellers and integrators, including Citrix, EDS, IBM Global Services, Novell, Veritas, Vignette and Sybase.

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