Feeds

Bumper Q4 takes Borland into profit

Nice

  • alert
  • submit to reddit

Intelligent flash storage arrays

Borland brought in revenues of $82.5m in the quarter ending 31 December, up 11 per cent on the $74m in the same period in 2003. A Q4 profit of $8m looked distinctly healthier than a loss of $5.7m a year earlier.

Full year revenue hit $309.5m, up five per cent on 2003, taking the company into profit again. A net loss of $40.5m in 2003 gave way to profits of $11.4m for 2004, or 14c per share.

Dale Fuller, Borland's president and CEO, attributed the healthier bottom line to a better rate of converting design wins to large scale deployments in Q4.

He said: "In 2004, we nearly tripled the number of million dollar transactions as compared to 2003. Also during the year, we were successful at broadening our relationship with global name brand companies like British Telecommunications, Nokia, Ericsson, and many others."

Borland expects Q1 2005 revenues of between $77m and $81m, translating to 3c-5c per share. ®

Related stories

Google tops $1bn
AMD market share hits two-year peak
Virgin Mobile hits five million UK users
Intel, Nvidia were Q4's graphics chip winners

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

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.
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.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
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?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.