Monday, September 10, 2007

ACTU is a buy

ACTU is a buy - see my stock ratings if you are interested in tracking...

Actuate accentuates reporting.

The company provides enterprise reporting and analytics software that corporations use to analyze business data and design, publish, and distribute report content through company networks and the Internet. Actuate's customers, including Bank of America, Dell, Johnson & Johnson, and Lockheed Martin, use the software to publish financial statements, performance metrics, manufacturing and distribution reports, and customer account information. Actuate's service offerings include training and support, as well as professional consulting.

Key numbers for fiscal year ending December, 2006:
Sale: $128.6M
One year growth: 20.8%
Net income: $13.8M
Income growth: 19.1%