Great Plains – Getting Greater and Less Plain
P.J. Jakovljevic - April 27, 2000

Event Summary

In March, Great Plains Software, Inc., a leading provider of e-business solutions for the mid-market, announced financial results for the fiscal quarter ended February 29, 2000. Great Plains reported record third quarter revenues of $48.1 million, a 34% increase over the same period last fiscal year. Revenues for the nine months ended February 29, 2000 were $135.3 million, an increase of 43% over the same period last fiscal year. Net income and diluted earnings per share for the third fiscal quarter, excluding the effect of amortization of acquired intangibles, were $3.5 million and 21 cents per share, respectively. Consensus EPS reported by First Call is 20 cents. These results compare to $3.5 million and 24 cents per share for the same period last fiscal year...