Posted by: Samantha Jones on Feb 11 2010

Finance industry software and service provider Longtop Financial Technologies (NYSE:LFT) recorded adjusted net income of $29.3 million, up 53.1% year-on-year and including a $4 million income tax benefit, in its third fiscal quarter ended December 31, the company reported February 10...

Posted by: Tom Telford on Jan 08 2010

Finance industry software and service provider Longtop Financial Technologies Ltd. (NYSE:LFT) has agreed to acquire 100% of Giantstone Information & Technology, a Chinese banking solutions provider, Longtop announced January 8...

Posted by: Tom Telford on Nov 17 2009

Finance industry software and service provider Longtop Financial Technologies Ltd. (NYSE:LFT) reported GAAP net income of $18.9 million in the quarter ended September 30, 2009, the company's fiscal second quarter, representing a 33.2% increase against the year-ago period...

Posted by: Ana Swanson on Aug 19 2009

Finance industry software and service provider Longtop Financial Technologies Ltd. (NYSE:LFT) saw adjusted net income expand 36.6% year-on-year to $10.7 million for the first fiscal quarter ended June 30, 2009, the company announced August 19...

Posted by: Tom Telford on May 28 2009

Chinese finance industry software and service provider Longtop Financial Technologies Ltd. (NYSE:LFT) saw adjusted net income expand 52.8% year-on-year to $51.6 million for the fiscal year ended March 31, 2009, with January-March income up 76.6% annually to $11.0 million, the company announced May 28...

Posted by: Megan Ko on Feb 19 2009

Chinese finance industry software and service provider Longtop Financial Technologies Limited (NYSE:LFT) reported net income of $14.4 million, $0.28 per fully diluted share, for its 2009 fiscal third quarter (Q309), the period ending December 31, 2008...

Posted by: Megan Ko on Jan 12 2009

Chinese finance industry software and service provider Longtop Financial Technologies Limited (NYSE:LFT) announced Monday that it has agreed to acquire 100% stake in third-party software testing and quality management service provider Jactus Labs by March 2009.

Longtop CEO Weizhou Lian said the acquisition was immaterial to financials but would help Longtop create a new monetizeable product...

Posted by: Ana Swanson on Nov 17 2008

Chinese finance industry software and service provider Longtop Financial Technologies Limited (NYSE: LFT) reported fiscal second quarter, the period ending September 30, 2008, revenue of $28.2 million, up 40.8% year-on-year, on November 17...

Posted by: Megan Ko on Aug 13 2008

Chinese finance industry software and service provider Longtop Financial Technologies Limited (NYSE: LFT) reported fiscal first quarter, the period ending June 30, 2008, revenue of $19.3 million, up 69.4% year-on-year, after market close on Tuesday...

Posted by: Megan Ko on May 19 2008

Chinese finance industry software and service provider Longtop Financial Technologies Limited (NYSE: LFT) announced results for the quarter and full year ending March 31, 2008 before market on Monday. For the full year, total revenues came in at $66.7 million, up 67.7 percent year-on-year, with net income of $33.8 million, a 99.7 percent year-on-year increase...

Posted by: Megan Ko on Feb 22 2008

Chinese finance industry software and service provider Longtop Financial Technologies Limited (NYSE: LFT) announced fiscal third quarter financial results (the period ending December 31, 2007) after market close Thursday...

Posted by: Megan Ko on Nov 20 2007

Chinese finance industry software and service provider Longtop Financial Technologies Limited (NYSE: LFT) announced second quarter financials for the period ending September 30 after market close on Monday...

Posted by: Elias Glenn on Oct 08 2007

While the rest of the country was on holiday, a couple of Chinese IT firms completed successful initial public offerings on overseas stock markets during the October "Golden Week". Chinese software and online game company Kingsoft Corp Ltd (3888.HK) set its offering price at HK$3.6, the top end of its indicated price range, to raise US$99 million in Hong Kong...

Posted by: Kimi Shi on Jan 23 2007

Chinese integrated IT service provider Longtop Group received a followon round of financing worth US$20 million from US-based Tiger Fund, reports Sina. Tiger was reported to have invested US$20 million in Longtop in July 2006...