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    Home Latest News

      Thirteen Is Autonomys Lucky Number

      By
      Dennis Callaghan
      -
      April 25, 2003
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        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

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