By Will Sturgeon, 10 October 2001 07:30
NEWS UK software firm Autonomy has announced it is expecting to see its results badly hit by the terrorist attacks in the US. The company's second profit warning this year states revenues will be between $9.8m and $11m for the three months up to the end of September - well down on $14.2m for the previous quarter and short of analysts expectations of between $12.5m and $15m. Mike Lynch, CEO of Autonomy, told the Financial Times that the company looked to have turned a corner by early September but any improvements quickly reversed in the aftermath of the attacks on 11 September. Autonomy shares closed up 13p at 230p on London yesterday. The profit warning was announced after the markets closed in the US, where Autonomy also has a Nasdaq listing.
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