Business was about the same for DataMirror last year. Revenue for the quarter ended January 31, 2002 was $14,331,000, as compared to $14,204,000 for the quarter ended October 31, 2001. Adjusted net income (excluding the pro rata share of losses resulting from the company's investment in PointBase Inc.) was $224,000, compared to adjusted income on the same basis of $988,000 for Q3 fiscal 2002. Revenue for the year ended January 31, 2002 was $55,739,000, compared to $56,911,000 for the year ended January 31, 2001. Adjusted net income for the year was $1,692,000, compared to adjusted net income of $4,801,000. Net loss for the year was $5,664,000 compared to net income of $4,708,000 for fiscal 2001. "We were pleased to see accelerated license revenue growth in the fourth quarter," says DataMirror CFO Peter Cauley. "Cash flow continues to be positive and expenses are under control.” Total costs were up only $81,000 over the previous quarter. Our balance sheet is strong, with almost $37.3 million in cash and short-term investments, and our key business metrics are improving."
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access