Feeds

Marimba Q2 sees 87 per cent growth

Loss in line with Wall Street expectations

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Erstwhile push technology pioneer Marimba, now recast as an e-business software provider, yesterday reported its first financial results as a public company. Marimba launched its IPO last February. Marimba posted a loss of $1.5 million on revenues of $6.9 million, an increase of 87 per cent on last year's $3.7 million revenue, it claimed. For the same period last year, the company lost $1.2 million. That said, this time round it took a $451,000 hit for deferred stock compensation -- without that Marimba's loss would have fallen year-on-year. Naturally, Marimba was "pleased" with its revenue growth, according to its photogenic president and CEO, Kim Polese. She should be. Marimba has done rather well to survive the collapse of the massively hyped push technology market, largely by repurposing its Java-based information delivery system into a corporate network-oriented applications delivery system. It also survived attempts by Microsoft to make its "life difficult". ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
Hungary's internet tax cannot be allowed to set a precedent, says EC
More protests planned against giga-tariff for Tuesday evening
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The hidden costs of self-signed SSL certificates
Exploring the true TCO for self-signed SSL certificates, including a side-by-side comparison of a self-signed architecture versus working with a third-party SSL vendor.