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by David R. Brousell, MA Editorial Staff
Posted on Tuesday, March 20, 2007 5:30:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | PLM provider undershoots guidance, but completes investigation into stock-options grants and predicts growth in its 9.2 product line. |
| Keywords: | Agile Software, PLM, product lifecycle management, product design, earnings report, third quarter, 9.2 PLM |
Agile Software Corp., a developer of product lifecycle management software, yesterday posted a net loss of $5.8 million, or $0.10 per share, in its third fiscal quarter, ended Jan. 31, 2007, as revenue rose just 1% to $33.2 million. The software company, which earlier this month completed a review of stock-option grants that enabled it to resume its Securities and Exchange Commission reporting, said the third-quarter 2007 loss, on a GAAP basis (generally accepted accounting principles), compared with a net loss of $4.1 million, or $.08 per share, in the third quarter of 2006. Agile said that non-GAAP results (excluding amortization of intangibles, stock compensation, and stock-option review costs) showed net income of $488,000, or $.01 per share, compared with a non-GAAP net loss of $122,000 in the third quarter of fiscal 2006. [Click to continue] |
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