Avocent Corporation announced that Microsoft has opted to use an Avocent hardware, software and services data management solution to manage its Microsoft Technology Center (MTC) Thames Valley facility. The solution gives the company powerful control over the new facility. Tools include Avocent DSView(R) 3 management software, which provides a single point of control via a simple Web-based interface, so IT administrators can remotely control servers and network equipment. IT managers no longer have to regularly visit the data center, even when a server crashes, shaving hours every week from their schedule. Crucially, the Avocent end-to-end solution facilitates a high level of security. For reasons of client confidentiality, Microsoft manages servers at the console level and the Avocent end-to-end solution means that IT managers can see and manage these consoles easily, saving time and increasing efficiency.

Avocent Corporation expected to Report Fiscal Year 2009 Results on January 29, 2010. This event was calculated by Capital IQ (Created on October 23, 2009).

Avocent Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company's sales increased sequentially from the second quarter of 2009 by approximately $9.0 million. Sales, however, declined 25% to $137.6 million compared with $183.0 million in the third quarter of 2008 due to ongoing weaker IT spending, particularly for server-linked products. Operational net income, which is income prior to acquired in-process research and development, intangible amortization, restructuring and integration costs, and stock compensation expenses, decreased 34% to $20.1 million, or $0.45 per diluted share, compared with operational net income of $30.4 million or $0.67 per diluted share in the third quarter of 2008. GAAP net income was $7.1 million or $0.16 per diluted share, compared with GAAP net income of $11.0 million or $0.24 per diluted share, in the third quarter of 2008. Net adjustments to reconcile operational net income to GAAP net income were $13.1 million in the third quarter of 2009, compared to $19.5 million in the third quarter of 2008. Operational operating income, excluding restructuring and integration costs, stock-based compensation and intangible asset amortization, was $23.7 million compared with $19.2 million in the second quarter of 2009 and $39.4 million in the third quarter of 2008. GAAP operating income was $2.3 million compared with $693,000 in the second quarter of 2009 and $13.8 million in the third quarter of 2008. Operational net income for the third quarter of 2009 includes the benefit of certain one-time items. The company's cash flow from operations was $23.4 million compared to $25.9 million in the second quarter of 2009 and compared to $27.3 million in the third quarter of 2008. Income before income taxes was $2.4 million compared to $14.2 million a year ago. Capital expenditures were $3.8 million compared to $6.8 million a year ago. For the nine months, the company's net loss was $56.2 million or $1.27 per basic and diluted share on net sales of $392.3 million, compared to net income was $15.1 million or $0.33 per basic and diluted share on net sales of $483.63 million, a year ago. Operating loss was $82.9 million compared to operating income of $21.7 million a year ago. Loss before income taxes was $87.8 million compared to income before income taxes of $20.3 million a year ago. Operational operating income was $60.2 million compared to $84 million a year ago. Operational net income was $45.4 million or $1.01 per diluted share, compared to operational net income of $63.3 million or $1.38 per diluted share, a year ago. Cash provided by operations was $51.4 million compared to $66.2 million a year ago. Capital expenditures were $2.1 million compared to $1.8 million a year ago.