webMethods Announces Preliminary Fourth Quarter Results That Exceed Previous Company Guidance
Company to Announce Financial Results for its Fiscal Fourth Quarter and Year Ended March 31, 2006 and Host Investor Conference Call on April 27, 2006
FAIRFAX, Va. - April 06, 2006 webMethods, Inc. (Nasdaq: WEBM), a leading business integration and optimization software company, today announced preliminary financial results for its fiscal fourth quarter ended March 31, 2006 that exceed previous guidance.
canon
For the fourth quarter, webMethods anticipates that it will report total revenue of $57 million to $59 million, which includes license revenue of $25 million to $27 million. The Companys original revenue guidance, issued on January 23, 2006, was for total revenue of $52 million to $55 million, including license revenue of $21 million to $23 million.
During the fourth quarter, the company bought approximately 4.4 million shares for approximately $17.5 million, reducing the fourth quarter ending shares outstanding to 44.5 million from 48.8 million at the end of the previous quarter. On October 24, 2002, the company announced that its Board of Directors had authorized a six month repurchase program of up to $30 million of its common stock, and the fourth quarter 2002 repurchase of stock was done under that program.
desktop pc
Stamps. End 2000 Financial Results Company reports 26 percent growth in revenue over third quarter, with positive gross margin and continued focus on achieving profitability SANTA MONICA, Calif. February 22, Stamps.com™ ( STMP), today announced that revenue in the fourth quarter of year 2000 was $5.3 million, an increase of 26 percent over the third quarter of year 2000, while total revenue for fiscal year 2000 was $15.2 million.
desktop computers
webMethods expects that it will report earnings per share under U.S. generally accepted accounting principles (GAAP) in the range of $0.11 to $0.14 for the quarter ended March 31, 2006, compared to the Companys original earnings per share guidance of $0.05 to $0.10. In accordance with prior guidance, GAAP net income for the March 2006 quarter is expected to include amortization expense of the deferred warrant charge of approximately $496,000 and amortization expense of acquired intangible assets of approximately $599,000. In addition, GAAP net income is expected to include a litigation settlement payment, net of insurance reimbursement, of $750,000.
In addition to growing the business, Olmstead led the company's efforts to secure private equity funding by Constellation Ventures, a Bear Stearns Asset Management Venture Capital Fund in December of 2005. "Vinny has utilized his past experience to successfully guide this company through a tremendous growth phase, " stated Ray Oglethorpe, Chairman of the Board of Broadband National. "For the previous 10 quarters, the company has exceeded its financial expectations and we're confident with Vinny's guidance that we will continue to see strong financial results and sustained growth for years to come."
think pad
Triple play is the term used for companies supplying telephone, television and broadband speed internet connection. Between the fourth quarter of 2004 and the fourth quarter of 2005 the delivery of triple play services increased by 27% for ntl and 42% for Telewest. Commenting, "Telewest's and ntl's results have reinforced the pivotal role broadband continues to play for UK telecommunications companies, by emphasising the importance of triple play to customers.
repair
The Company cautioned that these preliminary results are subject to adjustment and that its actual results could differ.
"During the fourth quarter, OmniPage Pro 11, PaperPort 8.0, and OmniForm 5. as well as the continuing strength of our OEM relationships and the expanded capacity of our sales organization, " Ricci said. "But, while our fourth quarter is traditionally our strongest, the economic uncertainty being faced by all companies today prompts us toward cautious guidance. Therefore, we expect revenues in the fourth quarter to be in the range of $16.5 million to $18.0 million. quarter results, year EPS guidance, before the amortization of intangibles, to $0.16 to $0.18, from $0.11 to $0.15 as previously announced.
data recovery
cisco
webMethods will release financial results for its fiscal fourth quarter and year ended March 31, 2006 on April 27, 2006, after the market close. In conjunction with its earnings announcement, the Company will host a conference call for investors at 5:00 p.m. Eastern Daylight Time on April 27, 2006. The live conference call can be accessed via webcast at http://www.webmethods.com/investors and through a dial-in number to be provided in the announcement of webMethods fiscal fourth quarter and year end financial results .
keyboard
monitor
The replay of the conference call will be available through May 26, 2006 via the Web and through a dial-in number to be provided.
desktop
infosys
About webMethods, Inc.
refurbished laptops
wipro
webMethods (Nasdaq: WEBM) provides business integration software to integrate, assemble and optimize available IT assets to drive business process productivity. webMethods delivers an innovative, enterprise-class business integration platform that incorporates proven integration technology with next generation capabilities into one interoperable set of tools that delivers a unique combination of efficiency, agility and control. webMethods combines industry leadership with a zealous commitment to customers to deliver tangible business value to approximately 1,400 global customers. webMethods is headquartered in Fairfax, Va., with offices throughout the U.S., Europe, Asia Pacific and Japan.
lap top
Source: webMethods, Inc.
