News
News
11/2/2005
12:33 PM
Connect Directly
RSS
E-Mail
50%
50%

SPSS Q3 Earnings More Than Quadruple

New customers for the predictive-analytics software firm include the Centers for Disease Control and Prevention, the FBI, Harley-Davidson, Humana, LexisNexis, and the United States Naval Special Warfare Command.

Predictive analytics software firm SPSS reported marginally higher revenue for the quarter ended Sept. 30, but earnings leaped more than four-fold compared with the same period last year.

SPSS's third-quarter sales reached $58.3 million, the company said, up from $53.5 million in the third quarter of 2004. Third-quarter earnings seriously outpaced sales growth, however, rising 386 percent to $4.05 million, up from $833,000 a year ago.

Operating income for the most recent quarter was $8.2 million, or 14 percent of total revenue for the period. In the same quarter last year, SPSS achieved operating income of $1.2 million, or 2 percent of total revenue.

New customer wins for SPSS in the third include the Centers for Disease Control and Prevention, the Federal Bureau of Investigation, Harley-Davidson Motor Co., Humana, LexisNexis and the United States Naval Special Warfare Command.

The company's third-quarter earnings were boosted only a "minor amount" by sales of SPSS 14.0, a new upgrade of the vendor's flagship analytics software, a spokesman said. SPSS 14.0 debuted in August.

The firm forecasts revenue of between $61 million and $64 million in the fourth quarter. "The company is very well positioned to take advantage of the heightened demand from leading organizations worldwide for predictive analytics," said SPSS president and CEO Jack Noonan in a prepared statement.

SPSS reported new license revenue of $27.4 million in its most recent quarter, up 22 percent over last year.

The public markets reacted positively to the vendor's earnings report, which came out after market close Monday. SPSS shares sprinted to a new 52-week high in mid-day trading Tuesday, briefly hitting $25.19 each.

Comment  | 
Print  | 
More Insights
IT's Reputation: What the Data Says
IT's Reputation: What the Data Says
InformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business really views IT's performance in delivering services - and, more important, powering innovation. Our results suggest IT leaders should worry less about whether they're getting enough resources and more about the relationships they have with business unit peers.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Must Reads Oct. 21, 2014
InformationWeek's new Must Reads is a compendium of our best recent coverage of digital strategy. Learn why you should learn to embrace DevOps, how to avoid roadblocks for digital projects, what the five steps to API management are, and more.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
A roundup of the top stories and trends on InformationWeek.com
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.