Systems and services giant Unisys saw its profit fly 77 per cent in its fiscal first quarter and the company attributed the growth to its Clear Path enterprise servers.
Profit for the period ended 31 March jumped to $11.2 million compared to $62.7 million last year. Earnings per share increased to $0.32 a share.
Revenue grew 10 per cent to $1.81 billion during the quarter.
Unisys chiefs were cautious, however, about growth in the second half of this year.
Lawrence Weinbech, chairman and chief executive, said: "While we remain cautious about technology spending in the second half of 1999 as some customers have accelerated their hardware purchases into the first half, our strong start gives us greater confidence that we can achieve our financial goals."
To comment on this story, email [email protected]
Privilege escalation bug already being exploited in the wild
NASA's Voyager 2 probe set to reveal secrets of space beyond the heliosphere as it goes interstellar
The probe is now more than 18 billion kilometres from Earth, with equipment enabling it to reveal some of the secrets of interstellar space
Four glaciers located west of massive Totten glacier have lost almost three metres of ice in height since 2008
Ceres, located in the asteroid belt, has a carbonaceous-rich upper crust, SwRI study claims