Feeds

Bumper Q4 takes Borland into profit

Nice

  • alert
  • submit to reddit

Boost IT visibility and business value

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

Maximizing your infrastructure through virtualization

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
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
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
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.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.