Other Earnings

 
 
By Dennis Callaghan  |  Posted 2003-04-23 Print this article Print
 
 
 
 
 
 
 


In other software company earnings news Tuesday:
  • CRM software Chordiant Software Inc. saw revenues fall from $22.8 million in last years first quarter to $13.8 million this year. License revenue was hardest hit, dropping from $11.1 million to $4.1 million. The Cupertino, Calif., company lost $6.9 million in the quarter compared with an $8.2 million loss in last years first quarter.
  • Firstwave Technologies Inc. saw revenues fall slightly, from $4.3 million to $4.1 million. The Atlanta-based CRM software developer did manage an increase in net income though, from $779,000 to $1.03 million.
  • Also on the CRM front, Kana Software Inc.s total revenues fell to $18.1 million from $25.1 million in last years first quarter. License revenues dropped to $9.4 million from $15.1 million. The Menlo Park, Calif., company cut its net loss, however, to $3.9 million from $6.8 million.
  • Sales and marketing software developer Blue Martini Software Inc. managed an increase in license revenue, from $1.02 million to $1.8 million year-to-year. Total revenues fell however to $7.7 million from $8.5 million. The San Mateo, Calif., company lost $5.4 million on that revenue after a $7.3 million loss in last years first quarter.
  • Art Technology Group Inc., which develops e-commerce and service applications, saw total revenues drop year-to-year from $27.3 million to $19.4 million. License revenue was hardest hit, falling from $12.5 million to $7.5 million. ATG, of Cambridge, Mass., lost $2.75 million on that revenue after posting a $2.85 million loss in last years first quarter.
  • Hyperion Solutions Corp. proved the continued resilience of the business intelligence software space, as its revenues increased from $120 million to $126.6 million. License revenue climbed from $50 million to $50.4 million. Hyperion, of Sunnyvale, Calif., saw net income rise from $3.1 million to $8.3 million.
  • Enterprise and Web search developer Ask Jeeves Inc. enjoyed a revenue increase from $16.1 million to $25.2 million. The companys Web properties led the surge, accounting for $21.6 million in revenue. Revenue for its Jeeves Solutions enterprise search business fell year-to-year from $5.3 million to $3.6 million. Emeryville, Calif.-based AskJeeves reported net income of $7.7 million after losing $10.4 million in the year-ago period. Most Recent Stories by Dennis Callaghan:


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