* MicroStrategy, a McLean business software company, said a $103.6 million non-cash income tax benefit helped boost its third-quarter results. The company earned $122 million ($7.22 a share) in the three months ended Sept. 30, compared with a $24.4 million ($1.59) loss in the same period in 2003 when it took a $30.2 million charge for early debt retirement. MicroStrategy's third-quarter revenue rose by nearly 42 percent, to $60.6 million from $42.8 million in the year-ago quarter. The company said it expects profit for the fourth quarter of between $6.7 million and $13.6 million. Shares of MicroStrategy, which reported its results after markets closed, fell 44 cents to $46.72 yesterday.
* Human Genome Sciences reported wider third-quarter losses yesterday, but its shares rose after the Rockville company said it sold commercial rights to its diabetes drug to pharmaceutical giant GlaxoSmithKline. Human Genome lost $62.2 million (48 cents a share) on revenue of $717,000 for the quarter ended Sept. 30. It lost $47.7 million (37 cents) on $1.2 million of revenue in the same quarter last year. As part of the deal with GlaxoSmithKline to develop and commercialize Albugon, a diabetes drug in laboratory development, Human Genome said it will receive fees and milestone payments that could reach $183 million. Human Genome shares closed yesterday at $9.75, up 26 cents.
* Celera Genomics Group, a Rockville biotech company, said yesterday that fiscal first-quarter losses widened after revenue fell nearly $8 million. For the quarter ended Sept. 30, Celera recorded a loss of $20.3 million (28 cents a share) on revenue of $9.6 million. It lost $16.3 million (23 cents) on $17.3 million of revenue in the same period last year. Celera shares closed at $12, down 14 cents. Its parent company is Applera.
* Anteon International of Fairfax said it has won a five-year, $118 million contract to support the Army's recruitment and retention efforts. The company will provide information technology, program management and other specialized technical services to support the Army's human resources functions.
* Optelecom, a Germantown communications systems company, earned $568,580 (17 cents a share) on $5.5 million in revenue during its third quarter, a nearly 12 percent decline from its profit of $645,377 (20 cents) on $4.5 million in revenue during the same quarter last year. Shares of Optelecom closed up 30 cents at $9.15.
* Computer system investments by the federal government -- hardware and associated software and services -- will increase 35 percent, to $23 billion, by fiscal 2009, according to a forecast by Input, a Reston government market intelligence company. It said the new investments will be driven by the federal government's focus on streamlining processes, improving agency functionality and updating legacy architectures.
Compiled from reports by Washington Post staff writers.