LONDON (Reuters) - Software firm Autonomy AUTN.L posted second-quarter revenue in line with expectations and better-than-expected earnings on Thursday, helped by increased regulation driving demand for its search technology.
The company, whose software helps companies search data across phone calls, email, videos and instant messages, reported revenue of $195.2 million (119.1 million pounds) and adjusted diluted earnings per share (EPS) of $0.26 for the three months to end-June.
Autonomy said earlier in the month it expected to report Q2 revenue in line with consensus, which stood at $195 million according to a company poll of 15 analysts, while adjusted EPS would come in ahead of consensus of $0.25.
The Cambridge-based group said deferred revenue stood at $170.2 million at the end of the period, up on the first quarter and year earlier period.
It said despite the uncertainty in the markets, it remained cautiously optimistic.
Reporting by Paul Sandle; Editing by Victoria Bryan