Data#3 today revealed a "very strong" fourth quarter will likely result in $4.9 million net profit for the second half of 2014, up from $2.6 million in the first half.
However Data#3 has forecast a decrease in net profit for the full 2014 financial year, expecting approximately $7.5 million compared to $12.1 million in 2013.
Nevertheless, managing director John Grant is expecting a "solid" second half result. In February, Data#3 reported net profit was down 62 per cent in its first half, with some deals slipping to the second half of the year.
“A very strong fourth quarter has allowed us to deliver a solid result in a difficult market, producing a full year result that was heavily skewed to the second half,” he said.
"We start FY15 with much more momentum than we entered the start of last year. With that comes a good deal of confidence."
Cash flow in the 2014 financial year was "very strong", further strengthening the balance sheet, according to today's earnings guidance.
Grant was not prepared to reveal details of second half customer wins at the time of writing, though in June the integrator was contracted by Defence for a $19.1 million Microsoft software deal.
During the first half results in February, Grant referred to wins with Brisbane Airport Corporation, AstraZeneca, Worley Parsons, McInnes Wilson Lawyers and Vale Australia.
Data#3 expects to report full year earnings on 21 August.
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