Hot off the presses:
DALLAS--(BUSINESS WIRE)--Jan. 24, 2002-- i2 Technologies, Inc. (Nasdaq:ITWO - news), the leading provider of dynamic value chain management solutions, today announced results for the fourth quarter and full year 2001. Sequential growth in both license revenues and unit sales and effective cost control combined to improve the company's net results, reporting a pro forma loss of $0.08 per share for the fourth quarter compared to a loss of $0.13 per share in the previous quarter and down from a $0.09 pro forma profit per share in the fourth quarter last year. For the full year 2001, i2 reported a pro forma loss per share of $0.36, compared to pro forma earnings per share of $0.26 last year. Pro forma adjustments are listed on the attached Pro Forma Condensed Consolidated Statements of Operations - Unaudited.
Under GAAP (Generally Accepted Accounting Principles) reporting standards, the company reported a net loss of $590 million, or $1.40 loss per share for the fourth quarter. This compares to a net loss of $727 million, or $1.80 loss per share, for the same period last year. For the full year 2001, the company reported a net loss of $7.75 billion, or $18.68 loss per share for 2001 with 97 percent of this reported net loss resulting from the amortization and write-down of intangible assets largely associated with the 2000 acquisition of Aspect Development. This compared to a net loss of $1.75 billion, or $4.83 loss per share, for 2000.
<snip>
biz.yahoo.com |
