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Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?


To: J Fieb who wrote (3658)7/17/2001 5:15:49 PM
From: Gus  Read Replies (1) | Respond to of 4808
 
.....we are changing our prior guidance of 35-50% annual revenue growth to a new range of 25-35% to reflect the weakness in the economy.

Still waiting for CC.

VERITAS REVENUES

Software Services Total

1Q2000 $ 204M $ 40M $ 245M
2Q2000 $ 225M $ 50M $ 275M
3Q2000 $ 257M $ 60M $ 317M
4Q2000 $ 301M $ 69M $ 370M
1Q2001 $ 309M $ 78M $ 387M
2Q2001 $ 294M $ 97M $ 390M

2Q2001 Revenue grew by 42% Y/Y. Software (75% of revenue) grew 31% Y/Y while Services (25% of revenue) grew 94% Y/Y.