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Home > (PROJ, MD, JNJ, CLNO, GD) Stocks to Watch by StockHotTips.com

(PROJ, MD, JNJ, CLNO, GD) Stocks to Watch by StockHotTips.com

October 27th, 2011 at 04:26 pm










Deltek, Inc. (Nasdaq:PROJ) is the leading global provider of enterprise software and information solutions for professional services firms and government contractors. For decades, Deltek has delivered actionable insight that empowers our customers to unlock their business potential.



Deltek yesterday announced financial results for the quarter ended September 30, 2011. Q3 product revenue was $26.7 million, up 71% from Q3 2010 and up 8% sequentially. Product revenue includes perpetual, subscription, SaaS and term license revenues. Total revenue for Q3 was $85.2 million, an increase of 31% from $65.2 million in the third quarter of 2010.

Q3 product bookings were $29.5 million, a 9.3% increase from the prior quarter and a 74% increase from the third quarter of 2010. Product bookings consist of the aggregate contract value of the company’s perpetual, subscription, SaaS and term licenses sold during the quarter. Q3 perpetual license revenue was $15.8 million, an increase of 2.6% from the prior year. Q3 subscription and term license revenue was $10.9 million. Maintenance revenue in the third quarter was $40.5 million, up from $33.9 million in the third quarter of 2010, an increase of 19.4%. Consulting and other revenue for Q3 was $18 million, up 14.5% compared to $15.7 million in Q3 2010.


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Cleantech Transit, Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company's manufacturing clients worldwide.

Biomass an energy resource derived from the carbonaceous waste of various natural and human activities is no exception, as its use in producing electricity is on the rise. Feeding that growth is the need for inherently cleaner, more efficient and more-stable means of power generation.



Read the full article at: stockhottips.com/?p=19415



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