In recent weeks, major software vendors such as Siebel, PeopleSoft, and Veritas have reported disappointing sales and earnings for the June quarter.
Hyperion, which develops financial planning-and performance-management applications, reported that revenue for its fourth quarter rose 28% to $176.4 million from $138.0 million in the same period last year. Software license revenue, a key growth indicator, was up 30% to $72.2 million. Net income was up to $14.7 million, or 36 cents per share, compared with $9.2 million, or 25 cents per share, one year earlier.
For all of fiscal 2004, Hyperion reported revenue of $622.2 million, up 22% from 2003, and a 28% increase in net income to $43.8 million or $1.10 per share. For the current quarter, Hyperion is projecting revenue in the range of $155 million to $160 million and earnings of 17 cents to 22 cents per share.
Ascential, a supplier of data-integration software, reported revenue of $64.7 million for its second quarter, up 62% from $39.9 million last year. License revenue increased 19% to $25.0 million, while net income rose to $1.2 million, or 2 cents per share, compared with $700,000 or 1 cent per share one year earlier.
Earlier in the week, Ascential rival Informatica Corp. reported disappointing second-quarter results. While sales grew 5% to $53.0 million, that was below earlier forecasts and net income dropped to $1.0 million, or 1 cent per share, from $3.3 million, or 4 cents per share last year.
Sybase, which develops database-management and mobile-computing software, said revenue for its second quarter ended June 30 fell 2.1% to $188.0 million from $192.0 million in the same period last year. License revenue declined 5.4% to $60.4 million. Net income was $12.8 million, or 13 cents per share, down from $14.6 million, or 15 cents per share, one year ago.
Business-intelligence software vendor Business Objects SA is among the software vendors that report financial results next week.
