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AsiaInfo Q3 net income increases
[October 30, 2009]

AsiaInfo Q3 net income increases


Oct 30, 2009 (Datamonitor via COMTEX) -- AsiaInfo, a China-based provider of telecom software solutions and IT security products and services, has reported a net income of $9.08 million, or $0.19 per diluted share, for the third quarter ended September 30, 2009, compared to $6.09 million, or $0.13 per diluted share, for the same quarter of 2008.

For the third quarter of 2009, total revenue was $63.53 million, an increase of 41.8%, compared to $44.8 million for the corresponding quarter of 2008.

Net income for the nine months ended September 30, 2009 was $22.07 million, or $0.48 per diluted share, compared to $16.57 million, or $0.33 per diluted share, for the first nine months of 2008. Total revenue was $173.08 million, compared to $121.86 million for the first nine months of 2008.


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