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Earnings will rise to $1.25 to $1.35 a share, excluding acquisition expenses, the company said.
Excluding acquisition- and severance-related charges, earnings were 40 cents a share.
Excluding acquisition, integration and restructuring charges totaling $1.2 billion, net income was $2.93 billion, or 95 cents a share.
The company said it would have reported profit of $65.4 million, or 20 cents a share, excluding acquisition and stock-compensation costs, and payroll taxes from stock options.
Excluding acquisition costs, VeriSign was expected to earn $1.04 a share, the average estimate of analysts surveyed by Thomson Financial/First Call.
Sybase said yesterday that first-quarter profit was 16 cents to 20 cents a share, excluding acquisition expenses and other costs.
Similar(32)
Excluding acquisition-related costs, the company met analysts' expectations.
Excluding acquisition-related charges, Cisco's earnings exceeded Wall Street analysts' estimates by a penny a share.
Excluding acquisition-related charges, Cisco earnings exceeded analysts' published estimates by a penny a share.
Excluding acquisition-related charges, Cisco exceeded analysts' estimates by a penny a share.
Excluding acquisition-related and other charges, the company said it earned 39 cents a share.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com