Silke
25.10.2000, 09:07
Wollen wir bei allen badnews auch noch was Positives berichten:
Siebel hat Zahlen allererster Güte gebracht. Da gibt es nichts zum aússetzen!Siebel Systems 3Q Profits Double
TUESDAY, OCTOBER 24, 2000 9:09:00 PM EST
SAN FRANCISCO, Oct 24, 2000 (AP Online via COMTEX) -- Siebel Systems Inc. reported Tuesday that its third-quarter profit more than doubled as the computer software company continued to lead the corporate charge to automate customer service departments around the world.
The San Mateo-based company earned $71 million, or 14 cents per share, in the quarter, versus net income of $27.3 million, or 6 cents per share, in the prior year. The company's third-quarter revenues also more than doubled in the quarter to $481 million, up from $208.5 million at the same point last year.
With the recent results, Siebel Systems joined the recent parade of technology companies producing better-than-expected earnings, reversing a procession of disappointments that roiled the stock market for most of the past month.
Analysts polled by First Call/Thomson Financial predicted the company would earn 11 cents per share.
In another bullish indicator, Siebel CEO Tom Siebel said demand for the company's products remain particularly strong in Europe, where a flagging economy has become a sore point for several high-profile tech companies.
Siebel has emerged as one of the Silicon Valley's hottest companies during the past two years amid intensifying demand for its suite of software products that help other companies to find and retain customers.
The popularity of Siebel's "customer relationship management," or CRM, software has coincided with the rising popularity of the Internet. As more customer interaction shifts online, large and small companies are turning to Siebel and other CRM software makers to help them make the e-business transition.
The third quarter "reflects the scope and power of the e-business ecosystem that we have put into place," Tom Siebel said during a conference call held at the company's annual customer conference in San Jose.
Before the third-quarter results were announced, Siebel's shares gained $2.94 to close at $112.75 during regular trading on the Nasdaq Stock Market. The stock backtracked by $1.75 in after-hours trading.
Siebel's stock has been among Silicon Valley's highest flyers during a mostly bearish market for tech stocks. Through Tuesday's regular trading, Siebel's shares had gained 168 percent this year, giving Tom Siebel a stake worth about $7 billion.
The company's success has put it in the cross hair of the world's second largest software company, Oracle Corp., where Siebel worked as an executive until breaking away to start his own company in the early 1990s.
In an effort to undermine its CRM rival, Oracle recently has been giving away software designed for corporate sales forces, but Siebel Tuesday said the promotion isn't hurting his company. He predicted Siebel Systems will soon establish itself as the world's largest provider of e-business software applications.
Through the first nine months of the year, Siebel earned $167 million, or 34 cents per share, more than doubling last year's profit of $72.5 million, or 16 cents per share.
Siebel hat Zahlen allererster Güte gebracht. Da gibt es nichts zum aússetzen!Siebel Systems 3Q Profits Double
TUESDAY, OCTOBER 24, 2000 9:09:00 PM EST
SAN FRANCISCO, Oct 24, 2000 (AP Online via COMTEX) -- Siebel Systems Inc. reported Tuesday that its third-quarter profit more than doubled as the computer software company continued to lead the corporate charge to automate customer service departments around the world.
The San Mateo-based company earned $71 million, or 14 cents per share, in the quarter, versus net income of $27.3 million, or 6 cents per share, in the prior year. The company's third-quarter revenues also more than doubled in the quarter to $481 million, up from $208.5 million at the same point last year.
With the recent results, Siebel Systems joined the recent parade of technology companies producing better-than-expected earnings, reversing a procession of disappointments that roiled the stock market for most of the past month.
Analysts polled by First Call/Thomson Financial predicted the company would earn 11 cents per share.
In another bullish indicator, Siebel CEO Tom Siebel said demand for the company's products remain particularly strong in Europe, where a flagging economy has become a sore point for several high-profile tech companies.
Siebel has emerged as one of the Silicon Valley's hottest companies during the past two years amid intensifying demand for its suite of software products that help other companies to find and retain customers.
The popularity of Siebel's "customer relationship management," or CRM, software has coincided with the rising popularity of the Internet. As more customer interaction shifts online, large and small companies are turning to Siebel and other CRM software makers to help them make the e-business transition.
The third quarter "reflects the scope and power of the e-business ecosystem that we have put into place," Tom Siebel said during a conference call held at the company's annual customer conference in San Jose.
Before the third-quarter results were announced, Siebel's shares gained $2.94 to close at $112.75 during regular trading on the Nasdaq Stock Market. The stock backtracked by $1.75 in after-hours trading.
Siebel's stock has been among Silicon Valley's highest flyers during a mostly bearish market for tech stocks. Through Tuesday's regular trading, Siebel's shares had gained 168 percent this year, giving Tom Siebel a stake worth about $7 billion.
The company's success has put it in the cross hair of the world's second largest software company, Oracle Corp., where Siebel worked as an executive until breaking away to start his own company in the early 1990s.
In an effort to undermine its CRM rival, Oracle recently has been giving away software designed for corporate sales forces, but Siebel Tuesday said the promotion isn't hurting his company. He predicted Siebel Systems will soon establish itself as the world's largest provider of e-business software applications.
Through the first nine months of the year, Siebel earned $167 million, or 34 cents per share, more than doubling last year's profit of $72.5 million, or 16 cents per share.