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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (34659)	10/11/2000 5:42:32 PM
From: IQBAL LATIF	Respond to of 50167

Actuate Beats Analysts' 3Q Estimates by a Penny By Yi Ping Ho Staff Reporter 10/11/00 5:26 PM ET Actuate (ACTU:Nasdaq - news) reported third-quarter earnings that beat analysts' expectations and came in ahead of last year's earnings. The company, which makes information delivery products for Internet start-ups and application software providers, posted third-quarter earnings of $3.38 million, or 5 cents a share, up from $1.49 million, or 2 cents a share, a year earlier, excluding the amortization of goodwill and intangibles. A First Call/Thomson Financial poll of four analysts expected the company to earn 4 cents a share. Revenue rose to $29.5 million from $12.5 million in the year-ago third quarter, partly due to an increased base of customers using its products to power e-business Web sites.