SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Brown who wrote (50044)1/24/2002 4:45:52 PM
From: Uncle Frank  Respond to of 54805
 
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