Feeds

Be unveils so-so first post-IPO results

Loss wider than last year, revenue lower

  • alert
  • submit to reddit

Intelligent flash storage arrays

Alternative OS developer Be yesterday posted its first financial results as a public company, and they don't look to positive. For the three months to 30 June, Be's second quarter, the company recorded revenues of $537,000. That's an impressive increase of 74 per cent on the first quarter's $309,000, but the quarter-on-quarter growth is overshadowed by the fact the company achieved sales of $602,000 for the same period last year, a fall of 11 per cent. This despite the launch of BeOS 4.0 late last year -- ie. just in time for Q1 -- and the recent release of version 4.5 in June. For the quarter, Be lost $4.7 million, a little larger than the $4.5 million it lost in the same period last year. Other expenses pushed the loss to $6.6 million, compared to $5.7 million last year. The loss for the first quarter before and after expenses was $4.2 million and $6.0 million, respectively. Be's figures aren't exactly inspiring, but they're hardly discouraging either. Far more important will be the numbers for the current quarter, which will more accurately reflect the success -- or otherwise -- of BeOS 4.5, the first version of the OS that has been pushed into the mainstream. It will also show just how well Be is doing in persuading vendors to back the BeOS. Earlier this year, Be signed deals with Hitachi and Fujitsu, and more recently with Microworkz, AST and iDot. Curiously, Be's release on the results didn't mention Microworkz, which is using the BeOS for its iToaster $199 Net access device, so maybe Be is as sceptical about the PC vendor's ability to ship the device as many of its customers appear to be. iDot's BeOS-based box is due to ship at the end of the month. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

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.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.