Briefs

CHICAGO--(BUSINESS WIRE)--Aug. 5, 2004--SPSS Inc. (NASDAQ:SPSS), a leading provider of predictive analytics technology and services, today announced results for its second quarter ended June 30, 2004.

Revenues were $53.0 million, up from $49.9 million in the second quarter of 2003. Expenses increased from 49.3 million to 55.3 million, resulting in a loss per share of ($0.05), compared to earnings per share of $0.03 in the same period last year. Results for the current quarter included approximately $2.5 million of charges related to the company's previously announced accounting review and restatement, as well as its downsizing of certain European field operations. Other income included approximately $1.0 million related to a European research and development credit. Cash was $36.0 million, with cash flow from operations of $3.4 million.

In the first six months of 2004, revenues and diluted earnings per share were $110.1 million and $0.06, as compared to $98.1 million and $0.03 in the same period last year, respectively. Results in 2004 included approximately $2.8 million of restatement and restructuring charges. Other income included approximately $1.0 million related to a European research and development credit. License revenues in the first half of 2004 were $45.8 million, up 8 percent from $42.5 million in the first half of 2003. Cash flow from operating activities was $8.6 million.

For more information, visit www.spss.com