Close
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Latest News

      Thirteen Is Autonomys Lucky Number

      Written by

      Dennis Callaghan
      Published April 25, 2003
      Share
      Facebook
      Twitter
      Linkedin

        eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

        Autonomy Corp. plc endured a slight downturn in revenues to post its 13th consecutive profitable quarter, the search and knowledge management software company announced Friday.

        In San Francisco-based Autonomys first quarter ended March 31, the company posted revenues of $11.96 million, down from the $14.1 million it recorded in last years first quarter. It managed a $1.3 million profit on that revenue, down from $3.4 million in Q1 2003.

        Mike Lynch, group CEO of Autonomy, said in a statement that the results were in line with “market expectations.”

        He described sales as “stable” despite the “negative effects of the general uncertainty arising from the war in Iraq.”

        Autonomy generated 30 percent of sales in the quarter from existing customers. U.S. government agencies accounted for 15 percent of sales.

        Also on Friday, Autonomy announced a new contact center operations product called Audentify, which provides call recording, storage, call analytics, and real-time agent assistant and e-learning.

        In other late week earnings news:

        Hummingbird Ltd. saw revenues nearly steady at $47 million in its fiscal second quarter, up from $46.1 million in the same period a year ago. Profits were down though, to $1.8 million from $4.7 million last year at the Toronto-based knowledge management software company.

        Pivotal Corp. continued the downward trend seen this week in the CRM sector as its fiscal third-quarter revenues fell to $13.1 million from $17.7 million in the same period a year ago. License revenues were hardest hit, falling from $7.5 million to $3.6 million. The Vancouver, B.C.-based company lost $4.4 million on that revenue after losing $3.4 million in the last fiscal years third quarter.

        Page 2

        E-marketing solutions company Digital Impact Inc. saw revenues go up from $10.3 million to $10.9 million. That helped the San Mateo, Calif.-based company shave its net loss to $1.3 million from $3.3 million in last years fiscal fourth quarter.

        Informatica Corp. swung to profitability with net income of $1.2 million after losing $254,000 in the same period a year ago. The Redwood City, Calif. data warehousing and business intelligence software developer reported revenues flat at $48.5 million year-to-year. License revenues were down however, from $26.5 million to $23.6 million.

        First-quarter revenues at business intelligence software developer Applix Inc. fell from $9.5 million to $6.8 million as license revenue was down from $4.6 million to $2.7 million, despite the company adding more than 50 new analytics software customers. Boosted by the sale of its CRM software business however, the Westborough, Mass.-based company enjoyed a $5.1 million profit in the quarter after making $130,000 in last years first quarter.

        Insightful Corp. reported first-quarter revenues of $4.3 million, down from $4.4 million in last years opening quarter. License revenues increased though, from $1.6 million to $1.8 million as professional services accounted for the shortfall. The Seattle-based analytics software developer lost $355,000 after losing $215,000 in the same period last year.

        NetIQ Corp, a developer of systems and security management and Web analytics software in San Jose, Calif., reported fiscal third quarter revenues of $80.2 million, up from $74.5 million in the same period last year. License revenues however were down from $55.8 million to $50.3 million. NetIQ took a $3.2 million loss in the quarter after losing $180.3 million in the last fiscal years third quarter.

        Dennis Callaghan
        Dennis Callaghan

        Get the Free Newsletter!

        Subscribe to Daily Tech Insider for top news, trends & analysis

        Get the Free Newsletter!

        Subscribe to Daily Tech Insider for top news, trends & analysis

        MOST POPULAR ARTICLES

        Artificial Intelligence

        9 Best AI 3D Generators You Need...

        Sam Rinko - June 25, 2024 0
        AI 3D Generators are powerful tools for many different industries. Discover the best AI 3D Generators, and learn which is best for your specific use case.
        Read more
        Cloud

        RingCentral Expands Its Collaboration Platform

        Zeus Kerravala - November 22, 2023 0
        RingCentral adds AI-enabled contact center and hybrid event products to its suite of collaboration services.
        Read more
        Artificial Intelligence

        8 Best AI Data Analytics Software &...

        Aminu Abdullahi - January 18, 2024 0
        Learn the top AI data analytics software to use. Compare AI data analytics solutions & features to make the best choice for your business.
        Read more
        Latest News

        Zeus Kerravala on Networking: Multicloud, 5G, and...

        James Maguire - December 16, 2022 0
        I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
        Read more
        Video

        Datadog President Amit Agarwal on Trends in...

        James Maguire - November 11, 2022 0
        I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
        Read more
        Logo

        eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

        Facebook
        Linkedin
        RSS
        Twitter
        Youtube

        Advertisers

        Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

        Advertise with Us

        Menu

        • About eWeek
        • Subscribe to our Newsletter
        • Latest News

        Our Brands

        • Privacy Policy
        • Terms
        • About
        • Contact
        • Advertise
        • Sitemap
        • California – Do Not Sell My Information

        Property of TechnologyAdvice.
        © 2024 TechnologyAdvice. All Rights Reserved

        Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

        ×