KDnuggets : News : 2005 : n05 : item29 < PREVIOUS | NEXT >

Briefs

Insightful Announces 2004 Fourth Quarter and Year End Results; Reports 16% Growth for Quarter, 9% Growth for 2004

SEATTLE --(Business Wire)-- March 2, 2005 -- Insightful Corporation (Nasdaq:IFUL), a leading provider of software solutions for analysis of numeric and text data, today announced operating results for the fourth quarter and year ended December 31, 2004.

For the full year 2004, Insightful reported revenues of $18.9 million, an increase of nine percent over revenues of $17.3 million in 2003. Net income in 2004 was $2.1 million, or $0.16 per diluted share, compared to a net loss in 2003 of $1.6 million or $0.14 per diluted share. Net income in 2004 includes foreign currency translation gains of $0.4 million and income tax benefit of $0.1 million. Included in the 2003 net loss were a $0.9 million restructuring charge and a $0.5 million loss from impairment of goodwill.

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KDnuggets : News : 2005 : n05 : item29 < PREVIOUS | NEXT >

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