Feeds

BEA posts mixed quarter

Little bit ooohhh, little bit aaaahhh...

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

BEA Systems revealed good news and bad news for the first quarter ended 30 April 2004. It made a pre-tax profit of $39.1m on sales of $262.2m - up 11 per cent and 14 per cent respectively.

But BEA recorded lower software sales, missing targets by 2 per cent. Revenue from software licenses was $120.2m, down from $122.3m for the same period a year ago. Observers believe the falling revenues are due to increased pressure from competitors like IBM. BEA shares fell sharply on the news.

Sales in the US fell, accounting for 48 per cent of the total - it usually makes up more than half. BEA president and CEO Alfred Chuang told a conference call this was down to reorganising the sales team and changing the way BEA deals with mid-sized companies. The company is shuffling some senior executives to solve the problem.®

Related stories

BEA tools up for apps security
BEA + HP +Accenture + Linux = IBM?
HP embraces and extends with BEA

Top 5 reasons to deploy VMware with Tegile

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
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?
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.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.