Structural Dynamics Research
expects to record a fourth-quarter charge for recent organizational and operational changes, but projected that profits will exceed earlier estimates.
The company expects to record a primarily noncash charge of about $45 million, or $1.28 a share, for the write-down of goodwill and other intangible assets related to several acquisitions. Structural Dynamics expects to exceed its earlier fourth-quarter forecast of 5 cents a share before the charge -- the number Wall Street is projecting -- and revenue of $115 million.
Structural Dynamics, a provider of electronic-business software and services, ended the regular
trading session at $10, but rose to $10.13 in after-hours