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SunGard announces first quarter 2011 results

SunGard, one of the world's leading software and technology services companies, has reported results for the first quarter ended March 31, 2011.

For the first quarter, revenue was US$1.21 billion, up 1% year over year. For the first quarter, operating income was US$63 million, compared to US$71 million in the first quarter of 2010. Adjusted EBITDA was US$282 million and adjusted operating income was US$204 million.

Source: American Chronicle

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