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Autonomy Corp sees full-year results in line with analyst consensus

Business infrastructure software provider Autonomy Corp PLC (LSE: AU) said it expects to report 2009 full-year results in line with analyst consensus estimates of revenues of approximately US$740 million and adjusted EPS of US$0.97.

CEO Mike Lynch commented: "Against an extremely tough general economic environment, we are very pleased with Autonomy's trading in 2009, which saw significant growth, increased customer penetration, new product development and Autonomy outperforming its peers in the software industry".

The company expects to report strong cash conversion for the year, consistent with its peers of similar growth rates, and one of the highest rates of conversion from revenues to cash seen in the industry, it said in its trading statement.

Disclosure: I do not hold a position