Home | Business News | Browse by Publication | M | M2 Presswire

SSA Global Technologies reports fourth quarter and fiscal year 2003 results.

Publication: M2 Presswire
Publication Date: 04-SEP-03
Format: Online - approximately 1011 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-4 September 2003-SSA Global Technologies: SSA Global Technologies reports fourth quarter and fiscal year 2003 results(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:09042003

London - SSA Global Technologies Inc.(tm), (SSA GT(tm)), a leading global provider of extended enterprise solutions and services, today announced financial results for the company's fourth quarter and fiscal year ended July 31, 2003. These results are subject to audit and do not include the recent Baan acquisition.

For the quarter ended July 31, 2003 the company reported total revenue of $85.2 million, an increase of 19 percent over the fourth quarter of fiscal year 2002.

Software license revenues were $29.9 million, up 41 percent over the prior year quarter and represent 35 percent of total revenue in the quarter. Fourth quarter earnings before interest, taxes, amortisation (EBITA) were $22.1 million, or 26 percent of total revenue. Cash-on-hand as of quarter's end was $65 million.

Total revenues for the...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from M2 Presswire
Ammonia measuring methods to be evaluated at ARS lab., September 04, 2003
Motorola launches new GSM circuit core solution on M-Tel Network as pa..., September 04, 2003
Multinational expansion doubles Easylink`s desktop fax services reach;..., September 04, 2003
Eastman announces acetic anhydride price increase., September 04, 2003
NASDAQ and the Philadelphia Stock Exchange partner to offer options on..., September 04, 2003

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.