Sierra Systems Group swings to quarterly profit of $1.7M, plans buyback

Other author's news:

• Profit at World Wrestling Entertainment more than doubles on video sales - STAMFORD, Conn. (AP) - World Wrestling Entertainment Inc. said Monday that earnings for its latest quarter more than doubled as increases in its home-video business and more pay-per-view events fuelled revenue growth.
• Textile maker Priva earns $676,004 profit in 2004, reversing $611,723 loss in 2003 - MONTREAL (CP) - Textile products maker Priva Inc. posted a profit for 2004 as higher revenues and cost controls helped the company reverse a loss in the previous year.
• Specialty TV, radio ad sales boost Astral Media Q3 profit 25% to $24.5M - MONTREAL (CP) - Astral Media Inc. increased its quarterly profit by 25 per cent on the strength of advertizing at its specialty television and radio stations, the owner of the Movie Network, Viewer's Choice and the Family Channel said Thursday.

Similar news:

• Sierra Systems quarterly revenue off 3% to $37.6M, net loss $230K - VANCOUVER (CP) - Sierra Systems Group Inc. reversed a year-ago quarterly profit with a small loss as sales fell slightly, the information technology services company said Tuesday as it revised its year-end forecast downward.
• CGI Group's quarterly profit up 25% at $53.3M, share buyback announced - MONTREAL (CP) - CGI Group Inc., a major supplier of information technology and business process services, says its first-quarter profit rose 25 per cent to $53.3 million while revenue jumped 37 per cent.
• Kmart swings into profit in second quarter, credits restructuring plan - DETROIT (AP) - Shares of Kmart Holding Corp. were up more than 14 per cent Monday, after the discounter reported it swung into a profit in the second quarter, compared to a year-ago loss. It marked the retailer's third consecutive quarterly profit since e

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