beat the street by 20% .06 vs .05
Aspect Development's Q1 Record Revenues Reflect Company's Emergence as B2B eCommerce Leader
Demand Strong for B2B Solutions for Enterprises and Exchanges
MOUNTAIN VIEW, Calif., April 17 /PRNewswire/ -- Aspect Development, Inc.
(Nasdaq: ASDV) today announced record results for the first quarter ended
March 31, 2000, reporting pro forma quarterly revenues of $34,909,000-a
143% increase over the year ago quarter. Pro forma license revenues were
$19,821,000, up more than 300% over the same quarter a year ago. Pro forma
net income was $4,459,000, contrasted with net income in Q1 1999 of $325,000.
For comparison purposes, except where noted, the results discussed throughout
this release reflect revenues and earnings exclusive of Aspect's Infinite
Supply subsidiary.
Diluted earnings per share for the first quarter totaled $0.06, an
increase from $.00 in first quarter of 1999. Operating income for the first
quarter of this year was $4,332,000, compared to a loss of $3,367,000 in the
year ago quarter, and gross profit margin grew to 84.4% compared to 79.3% in
the year ago quarter. |
