Feeds

BEA posts mixed quarter

Little bit ooohhh, little bit aaaahhh...

  • alert
  • submit to reddit

Designing a Defense for Mobile Applications

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

The smart choice: opportunity from uncertainty

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
prev story

Whitepapers

Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.