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UXC RAISES GUIDANCE Featured

UXCAustralia-based UXC, which operates in this country via reseller UXC Eclipse, has raised its guidance for the first half of 2015 ended December 31. The company based its decision on what it called "a solid first quarter and in light of a strong performance in November and December." The change included earnings that are substantially about the guidance given at its annual meeting in November. UXC had said revenue would be more than 8-percent higher than the $231.1 million reported in the first half of fiscal 2014.

It now expects it will top the year-ago number by 10.4 percent. It initially had forecast before-tax profit would rise 50 percent over the approximately $3.6 million registered in last year's first half. It has increased that number to an about 85-percent increase. UXC has said it expects to acquire more Dynamics resellers in the United States. UXC Eclipse entered the America market with the purchase of the former Cole Systems of New York City in 2012 and the North American operations of Tectura in December 2013.

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