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Perot Systems 3Q Profit Rises 10% On Higher Margins

DOW JONES NEWSWIRES Perot Systems Corp.'s third-quarter profit increased 10% as widening margins offset lower revenue. On Tuesday, Dell Inc. (DELL) completed its acquisition of the provider of information-technology services in a move to expand on its core personal-computer business to match rivals that offer wider ranging products and services. Perot Systems reported a profit of $33 million, or 27 cents a share, up from $30 million, or 25 cents a share, a year earlier. Revenue declined 12% to $629 million. In August, the company projected earnings of 23 cents to 25 cents on revenue of $620 million to $640 million. Gross profit grew to 19.4% from 17.4%. Dell is scheduled to report its fiscal third-quarter results on Nov. 19. -By John Kell, Dow Jones Newswires; 212-416-2480; john.kell@dowjones.com

Stock News for Dell (DELL)
DateTimeHeadline
11/24/200909:38:02TPV Technology 3rd Quarter Net Profit US$39.50 Million Vs US$31.35...
11/23/200916:21:21TECH STOCKS: Tech Stocks Rise As Part Of Broad-based Rally
11/23/200910:47:15TECH STOCKS: Tech Sector Rises As Part Of Broad-based Rally
11/21/200910:45:25MARKET SNAPSHOT: Investors May Turn Defensive As Fizz Leaves...
11/20/200916:49:04NetApp CEO: Cisco Partnership To Stay Strong Despite EMC JV
11/20/200916:39:41TECH STOCKS: Tech Sector Retreats As Dell Shares Fall
11/20/200916:33:07Electronics Trade-In Programs Gaining Holiday Momentum
11/20/200911:18:03TECH STOCKS: Tech Sector Sinks As Dell Shares Fall
11/19/200923:39:18Dell Expects Revenue Growth In Asia-Pacific Soon
11/19/200918:34:12WSJ BLOG/Dell: Live Blogging Dell Conference Call
11/19/200916:55:14Dell Profit Falls 54%, Disappoints Street; Demand Improving
11/19/200916:30:22TECH STOCKS: Tech Stocks Fall As Chip Sector Takes Hit
11/19/200913:05:01TECH STOCKS: Chip Losses Keep Tech Stocks Down
11/19/200910:52:12TECH STOCKS: Chip Downgrades Lead Broad Tech-sector Losses
11/18/200912:59:37TECH STOCKS: Tech Losses Continue To Add Up In Afternoon
11/18/200910:33:05TECH STOCKS: Autodesk, Salesforce Lead Tech-sector Losses
11/17/200918:31:21Dell Closer To Selling Mini Smartphone In US
11/17/200914:37:07TECH STOCKS: Tech Stocks Cling To Small Gains In Afternoon
11/17/200911:05:08TECH STOCKS: Tech Stocks Off; Applied Materials To Buy Semitool
11/17/200910:53:13TECH STOCKS: Tech Stock Find Early Going To Be Rough

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