News
SAN FRANCISCO – The PC market is springing back to life, with benign pricing, favorable component costs, and improving unit growth, a leading analyst said.
In a research note issued today, Deutsche Bank’s Equity Research Group said PC unit growth will continue to accelerate through year-end, and consensus expectations for PC unit growth should trend toward the firm’s earlier prediction of 15%.
YAVNE, ISRAEL – Valor Computerized Systems announced second-quarter revenues rose 14.8% over the same quarter last year to $10.6 million. The software company’s net profit fell 32% to $681,000 for the quarter. Earnings before taxes, depreciation and other charges (EBITDA) fell 13% to $1 million.
Product revenue was up 16.5%, while maintenance revenue climbed 12%.
First-half revenues grew 18.7% year-over-year to $20.9 million. The company reported EBITA rose 19.9%, but earnings dropped 3.7% year-over-year.
LAGRANGE, OH – EMS provider Inservco Inc. has acquired Test Technology Manufacturing Services Inc. and will relocate the company to its Ohio headquarters. No financial details were disclosed.
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