Net income rose 22% to $457 million from $375 million on a 10% improvement in revenues to $4,842 million from $4,405 million for the three months ended Nov. 30. Futures rose in all markets except Japan in constant currency, led by an impressive 16% boost in North American orders. Emerging market orders were up 15% and China rose 14%. Overall futures were up 11% in constant currency and reported US$ to $7.7 billion with the pace of orders described as relatively constant over the next two quarters.

The Eager Beavertons had an 80 b.p. improvement in gross margin to 45.3% but ... Log in to view full article.