Wed, Apr 16, 2014, 6:47 AM EDT - U.S. Markets open in 2 hrs 43 mins


% | $
Quotes you view appear here for quick access.

Astea International Inc. Message Board

  • jimturner54321 jimturner54321 Jul 20, 2004 1:04 PM Flag

    ATEA 12 Month Period:

    ATEA 12 Month Period:
    March 2004 Revenues $15 mil
    March 2003 Revenues $17 mil
    %CHG -12.50
    (2003 is greater than 2004).

    ATEA 12 Month Period:
    March 2004 Net EPS $-1.21
    March 2003 Net EPS $-.50
    %CHG -142.00
    (2003 is greater than 2004).

    ATEA 12 Month Period:
    March 2004 Operating Margin -17.69%
    March 2003 Operating Margin -1.19%
    % CHG -1,386.55
    (2003 is greater than 2004).

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • HORSHAM, Pa., May 12 /PRNewswire-FirstCall/ -- Astea International Inc. (Nasdaq: ATEA - News), a global provider of service management solutions, today released financial results for the first quarter of 2004.
      For the quarter ended March 31, 2004, Astea reported revenues of $5.9 million compared to revenues of $4.0 million for the quarter ended March 31, 2003, a 48% increase. Net profit for the quarter was $1.5 million or $0.51 per share, compared to a net loss of $467,000 or $0.16 per share for the same period in 2003.

      Software license fee revenues were up 183% to $2.9 million compared to $1.0 million for the same period in 2003. Overall, service and maintenance fees increased marginally by 1% to $3.0 million, and included a 9% increase in service and maintenance fees for the Astea Alliance product offering. International results were strong, with overall revenue of $1.5 million, a 9% increase over the same period of 2003.

      "Clearly, we are very pleased with our sales successes in the first quarter, and particularly proud that a number of our new sales represent large enterprise deployments of our technology," said Zack Bergreen, president and CEO of Astea International. "We see the increase in license and service fees as a direct result of the market's continuing acceptance of our web-based Astea Alliance solution. Our cash position remains strong, and we continue to invest in developing new service management functionality in the areas of optimization and strategic management capabilities."

      -- North American sales for the quarter were led by a sales win at a large
      manufacturing division of a Fortune 100 company. A successful pilot
      program led to the enterprise-level sale, full deployment of which
      will reach over 1000 users at service locations throughout North
      -- Existing Astea customers such as Johnson Controls, Enovation Graphic
      Systems, TecServ, and Savin continued to expand their configurations
      with additional licensing for more users and functionality
      enhancements. In addition, legacy DISPATCH-1 customers, including
      Pomeroy IT Solutions in the US and PM Onboard in the UK, continue to
      upgrade their systems to the latest Astea Alliance software.
      -- International revenues increased 9% over the same quarter of 2003, and
      is largely attributable to an increase in sales in Japan. The Company
      hopes to capitalize on its momentum in Japan through a new reseller
      relationship with ITFOR, a leading systems integrator in Japan. The
      new partnership will increase Astea's exposure in the region, a
      significant area for growth for the Company.

2.00-0.18(-8.26%)Apr 15 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.