In an overall down year for spending on information technology, Ascential Software turned in some pretty good year-end numbers.
Total revenue for products and service offerings was $27.2 million in the fourth quarter and $124.0 million for 2001. Excluding revenue from previously discontinued i.Sell in both years, 2001 revenue was $121.1 million, an increase of 31 percent over the $92.5 million for the prior year.
License revenue for DataStage grew 20 percent to $13.4 million from third quarter levels. Total revenue for DataStage increased to $25.0 million from $23.7 million in the quarter ended September 30, 2001. On a full year basis, total DataStage revenue grew 33 percent to $104.4 million, from $78.3 million in fiscal 2000.
Pro forma operating results amount to a loss per share of $0.03 in the fourth quarter, excluding non-recurring charges, costs and expenses related to the sale of the database business, amortization of purchased intangibles and income tax benefit. Including the income tax benefit, loss per share would have been $0.02. The loss per share in the third quarter, on a comparable basis, was $0.08. On a GAAP basis, including all charges and expenses related to Ascential Software operations and all charges and expenses related to the sale of the database business, the net loss for the fourth quarter of 2001 was $31.2 million or $0.12 per share. Earnings per share in the third quarter, on a GAAP basis, including all charges and the gain on sale of the database business, was $651.4 million or $2.28 per share on a fully diluted basis.
"We are pleased with the growth achieved by DataStage in light of the current environment for corporate spending," said Peter Gyenes, chairman and chief executive officer.
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