TEC RSS Site Map | Glossary | Blog New!
 
 
Technology Evaluation Centers
Search TEC        Advanced Search
POWERED BY
Article Overview
 

J.D. Edwards Closes Out Millennium on an Up Note
P.J. Jakovljevic - December 15, 1999

Event Summary

On December 1, J.D. Edwards surprised Wall Street by returning to profitability in the fourth quarter, a sign the market may be turning around for J.D. Edwards as companies wrap up Y2K fixes and turn to implementing new software again. J.D. Edwards' Q499 revenue was $257.6M, down 16% from Q498 revenue of $307.1M. Profits for the recent quarter, which ended October 31, were $3.8M, a 90% slide from last year's fourth-quarter profits of $37.7M. But it was the first time J.D. Edwards has posted a profit after a string of losing quarters. The company's license fee revenue for Q499 was $101M, compared to $143.5M in Q498. Services accounted for $156.6M in revenue, compared to $163.6M for the same period last year. For the year, revenue was $944.2M, a dismal 1% increase from last year's revenue of $934M. The company posted a net loss of $7.9M, excluding acquisition-related costs, for the 1999 fiscal year, compared to profits of $74.5M last year. Including acquisitions, the loss for 1999 was $39.2M. Earlier this year, J.D. Edwards bought supply chain vendor Numetrix to round out its supply chain products. This year, most of the ERP vendors have posted sluggish earnings as customers turned their attention and IT dollars toward fixing last-minute Y2K glitches...


 
Login:
Password:
 
Lost your password?
New user? Register for FREE!
 

Note:
Cookies must be allowed to view the content on this site.

If you experience problems logging on, take a look at your browser settings for cookies or your personal firewall settings and make sure they are not set to block all cookies.

 

Recent Searches: A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Related: Examples of Alternative Grading System | Examples of an Admissions Letter of Intent | Examples of an Excutive Summary | Examples of an Executive Summary of a Document Centre for a Proposal | Examples of an Expression of Interest Document | Examples of an Invitation Letter | Examples of an Invite Letter | Examples of an RFP Request for Proposal for Enterprise Security | Examples of Answering a Company | Examples of Answering Rfps | Examples of Applicant Reject Letters | Examples of Applicant Rejection Letters | Examples of Application Letter F | Examples of Application Letter Manager | Examples of Application Letters of People | Examples of Applications With Selection Criteria | Examples of Army Decision Paper | Examples of Authorization Letter | Examples of Authorization Letters | Examples of Award Letter | Examples of Award Letters | Examples of Award Recommendation Templates | Examples of Award Recommendations | Examples of Background RFP | Examples of Badly Written Letters |
TEC: Technology Evaluation Centers

About TEC | Contact Us | Media Partners | Policies | Featured Author Program | English | 中文 | 日本語 | Español | Français

© 2008 Technology Evaluation Centers Inc.
All rights reserved. Reproduction without prior written permission is forbidden. UID: 116

35396