License Revenue Up At The New Manugistics
Steve McVey - July 19, 2000

Event Summary

Supply Chain Management (SCM) software vendor, Manugistics Group, Inc., recently reported unaudited results for the first quarter of fiscal 2001, which ended May 31, 2000. Total revenue for the quarter was $50.5 million, an increase of 16% from revenue of $43.7 million for the fourth quarter of fiscal 2000 and an increase of 29% from revenue of $39.2 million for the first quarter ended May 31, 1999. License fees topped $26.0 million, the best showing since the company's heyday of fiscal 1998. Licenses exceeded services revenue for the second consecutive quarter, but their ratio remains little more than unity. Despite the increase in revenue, heavy investment in sales and marketing resulted in a net loss for the quarter of $1.9 million, or $0.04 per diluted share. [Figure 1]...