Fiscal 2003 Ends Mixed For Brio - InformationWeek
Software // Enterprise Applications
02:07 PM
[Best Practices] Managing Multiple Clouds
Jul 26, 2017
Putting all your eggs in one cloud basket is risky, because clouds are not immune to denials of se ...Read More>>

Fiscal 2003 Ends Mixed For Brio

Brio reports a loss of $16.6 million, or 44 cents a share, on sales of $103.1 million.

Business-intelligence software vendor Brio Software Inc. saw its losses narrow in fiscal 2003, but its sales dropped, too. Its fourth-quarter results were mixed as well. While Brio reported a slight uptick in sales as the year ended, its quarterly loss widened. At least some of the loss can be blamed on one-time expenses related to facility closings.

For the year, ended March 31, Brio reported a loss of $16.6 million, or 44 cents a share, on sales of $103.1 million, compared with a loss of $25.7 million (85 cents a share) on sales of $111.4 million in fiscal 2002.

For the quarter, Brio reported a net loss of $13.4 million, or 36 cents per share, on sales of $26.7 million, compared with a net loss of $3.8 million, 12 cents per share, on sales of $25.4 million a year earlier. The quarterly results included $12.6 million in facility-closure expenses. License fees in the quarter were up slightly to $11 million.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
[Interop ITX 2017] State Of DevOps Report
[Interop ITX 2017] State Of DevOps Report
The DevOps movement brings application development and infrastructure operations together to increase efficiency and deploy applications more quickly. But embracing DevOps means making significant cultural, organizational, and technological changes. This research report will examine how and why IT organizations are adopting DevOps methodologies, the effects on their staff and processes, and the tools they are utilizing for the best results.
Register for InformationWeek Newsletters
White Papers
Current Issue
IT Strategies to Conquer the Cloud
Chances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll