Well, INPR announced that revenues were $45.7 million for its third quarter ended September 30, 1999 with a net loss of ($1.4) million or ($0.03) per share. This was 70% better than analysts had expected. In the words of CEO Fuller: "The results ... indicate [that] we are continuing to execute on our plan to return to operational profitability."
As far as the Fourth Quarter is concerned, I believe that it comes down to how well INPR's new products (and licensing arrangements) have done:
*In December, INPR announced the shipment and immediate availability of the Inprise Application Server 4.0 and VisiBroker for Java 4.0, its Object Request Broker (ORB).
* In December, Sun MicroSystems licensed the JBuilder Just-In-Time compiler (JIT) for Linux from Inprise to complete the Java 2 Software Development Kit (SDK), necessary for running high-performance Java applications on the Linux OS.
*JBuilder 3 Enterprise, Solaris Edition, one of the industry's leading enterprise development tools for the Java(TM) platform became available in November for the Solaris(TM) operating environment.
*In November, VisiBroker CORBA Object Request Broker (ORB) began to be utilized in Cisco Systems' CiscoWorks2000 family of enterprise network management products.
*InterBase version 5.6, the latest version of Inprise's embedded database solution. As of October, this new version was available on the Novell NetWare and Windows platforms.
The only reference on how well the Fourth Quarter has gone (that I've read) was found in this interview:
Mr. Kevin Cornell, president of Inprise Canada, said that "fears of a Y2K freeze on sales have not materialized and the company is hitting sales targets for the quarter."
ottawacitizen.com
Hope that helps. |
