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To: Mike Buckley who wrote (50009)	1/23/2002 5:20:43 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 54805

Siebel Systems Reports Revenue and Earnings for the Quarter and Year Ended December 31, 2001 2001 Revenues Total $2.05 Billion SAN MATEO, Calif.--(BUSINESS WIRE)--Jan. 23, 2002--Siebel Systems, Inc. (Nasdaq:SEBL - news), the world's leading provider of eBusiness applications software, today announced results for the quarter and year ended December 31, 2001. Revenues for the year ended December 31, 2001 were $2.05 billion compared with $1.80 billion for the year ended December 31, 2000. Siebel Systems' 2001 full-year revenues grew by more than 14 percent. Net income for the year ended December 31, 2001 was $254.6 million or $0.49 per share, compared with net income of $123.1 million or $0.24 per share for the year ended December 31, 2000. Pro forma net income and net income per share, excluding merger-related expenses and accretion of preferred stock, were $257.9 million and $0.49, respectively, for the year ended December 31, 2000. Revenues for the fourth quarter were $481.4 million, compared with $428.5 million for the third quarter of 2001, an increase of 12 percent. Revenues from license fees for the fourth quarter of 2001 were $250.2 million, compared to $193.5 million in the third quarter of 2001. Net income for the fourth quarter was $65.9 million or $0.13 per share, compared with net income of $35.2 million or $0.07 per share for the third quarter of 2001. Siebel Systems' financial position ended the year strong. Cash, cash equivalents, and short-term investments at December 31, 2001 increased $510 million to $1.66 billion, compared with $1.15 billion at December 31, 2000. Days sales outstanding in accounts receivable declined to 72 days at December 31, 2001 from 81 days at December 31, 2000. Deferred revenue at December 31, 2001 increased to $241.0 million compared with $202.5 million at December 31, 2000. Stockholders' equity at December 31, 2001 was $1.84 billion, compared with $1.28 billion at December 31, 2000, an increase of 44 percent. <snip> biz.yahoo.com

To: Mike Buckley who wrote (50009)	1/23/2002 5:50:17 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 54805

More on the SEBL earnings report: SAN MATEO, Calif. (CBS.MW) -- Siebel Systems announced Wednesday the sales software-maker increased its net income from the same period last year, beating analyst earnings expectations with help from cost controls. For its December quarter, Siebel's (SEBL: news, chart, profile ) net income was $65.9 million, or 13 cents share, compared with net income of $35.2 million or 7 cents a share in the 2001 quarter. Analysts had expected adjusted earnings of 9 cents a share, according to a survey of analysts conducted by Thomson Financial/First Call. Sales were $481 million, down from $582 million in the same period last year. Analysts had expected sales of about $440 million, according to Thomson Financial/First Call. The company increased its cash position by $510 million to $1.66 billion in the quarter, up from $1.15 billion a year ago. Day of sales outstanding declined to 72 days vs. 81 days in the year-ago period. Siebel ended the period with $241 million in deferred sales, up from $202.5 million last year. Shares of Siebel rose $2.18, or 7 percent to close at $34.80 in regular Nasdaq trading. marketwatch.com