KDnuggets : News : 2006 : n21 : item28 < PREVIOUS | NEXT >

Briefs

SPSS Reports Record Third Quarter Revenues

Drives 18 Percent Increase in Operating Income

CHICAGO, Ill. (USA), November 1, 2006 SPSS Inc. (NASDAQ: SPSS), a worldwide provider of predictive analytics software, today announced results for the quarter and nine months ended September 30, 2006. The company reported record third quarter revenues of $64.7 million, an 11 percent increase from $58.3 million in the third quarter of 2005. New license revenues were $30.0 million, up 10 percent from $27.4 million in the 2005 third quarter. For the nine months ended September 30, 2006, revenues totaled $190.4 million, a 10 percent increase from $173.8 million in the same period last year. New license revenues were $89.2 million, up 15 percent from $77.8 million in the first nine months of 2005.

Operating income in the third quarter rose 18 percent to $9.6 million, or 15 percent of total revenues, from $8.2 million, or 14 percent of total revenues, in the same quarter last year. Operating income for the nine months ended September 30, 2006 increased 16 percent to $22.6 million, or 12 percent of total revenues, from $19.4 million, or 11 percent of total revenues, for the same period in 2005. Operating income for 2006 is net of the impact of charges for share-based compensation of $1.9 million and $5.0 million in the third quarter and nine-month periods, respectively, primarily reflecting the 2006 required adoption of Statement of Financial Accounting Standards (SFAS) 123R.

For more information, visit www.spss.com.


KDnuggets : News : 2006 : n21 : item28 < PREVIOUS | NEXT >

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