Nordic Business Report-October 17, 2006-Orc Software AB posts Q3 operating result of SEK22m
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The Swedish IT company Orc Software AB issued its third quarter report on Tuesday (17 October), posting an operating result of SEK22m, as compared to SEK6m in the third quarter of 2005.
The turnover amounted to SEK105m, up from SEK65m in the third quarter last year.
Orc Software said that it expects to exceed its target of a 15% pro forma revenue growth in 2006.
Orc Software provides advanced trading, market making and brokerage solutions. The company is listed on the Nordic Exchange in Stockholm.
One British pound (GBP) is worth approximately 13.70 Swedish kronor (SEK).
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