SPSS Inc. (Nasdaq: SPSS), wereldwijde leverancier van software-oplossingen voor predictive analytics, heeft de resultaten over het derde kwartaal en de eerste negen maanden, eindigend op 30 september 2007, bekendgemaakt. In het derde kwartaal heeft de organisatie inkomsten van 72,3 miljoen USD behaald, een toename van 12 procent ten opzichte van het derde kwartaal (64,7 miljoen USD) in 2006. De licentieverkopen stegen met 15 procent tot 34,5 miljoen USD.
Hieronder volgt het volledige persbericht:
SPSS Reports Record Third Quarter Revenue and Earnings
New License Revenue Growth Drives Increase in Operating Income
SPSS Inc. (NASDAQ:SPSS), a worldwide provider of predictive analytics software, today announced results for the quarter and nine months ended September 30, 2007. The company reported record third quarter revenues of $72.3 million, a 12 percent increase from $64.7 million in the third quarter of 2006. New license revenues were $34.5 million, up 15 percent from $30.0 million in the third quarter of 2006. Operating income increased 29 percent to $12.5 million, or 17 percent of total revenues, from $9.6 million, or 15 percent of total revenues, in the third quarter of 2006. Reported operating income for the third quarter of 2007 includes $1.2 million in charges related to the previously announced R&D facility closures and consolidation.
Diluted earnings per share (EPS) in the 2007 third quarter were a record $0.41, compared to $0.28 for the same period last year. These results included charges for share-based compensation of $1.0 million and $1.9 million in the third quarter of 2007 and 2006, respectively.
"In the third quarter, we saw growth in all major geographies driven by solid new license revenue,” said SPSS president and CEO Jack Noonan . “Contributing to this improvement were strong sales of our statistics and data mining products, as well as several larger predictive analytic solutions deals. With the benefits of predictive analytics increasingly recognized in the marketplace along with the proven value of SPSS products, we remain positive about the future.”
Revenues for the nine months ended September 30, 2007 totaled $211.4 million, an 11 percent increase from $190.4 million in the same period last year. New license revenues were $101.8 million, up 14 percent from $89.2 million in the 2006 nine-month period. Operating income increased 54 percent to $34.8 million, or 16 percent of total revenues, from $22.6 million, or 12 percent of total revenues, for the same period in 2006. Operating income in 2007 includes charges of $1.9 million for restructuring and R&D facility closures. Charges for share-based compensation were $5.5 million and $5.0 million in the first nine months of 2007 and 2006, respectively. EPS for the 2007 nine-month period was $1.16, compared to $0.63 for the same period in 2006. The effective income tax rate for the 2007 nine-month period was 39 percent, compared with a 37 percent effective tax rate in the same period last year.
Cash at September 30, 2007 was $297.1 million, up from $140.2 million on December 31, 2006. Cash flow from operations for the nine months ended September 30, 2007 totaled $51.5 million compared with $26.0 million for the same period last year.
Outlook and Guidance
"Strong revenue growth combined with the benefits from our ongoing productivity improvement efforts resulted in record earnings and operating margin for the 2007 third quarter despite the charges for restructuring and facility closures," said Raymond Panza, SPSS executive vice president and CFO. "Looking ahead, we remain focused on building upon the momentum of our revenue growth and further operational efficiencies to ensure we continue to capitalize on the increasing market adoption of predictive analytic technologies.”
Panza added, "We expect revenues for the 2007 fourth quarter of between $74.0 million and $76.0 million with reported EPS in the range of $0.34 to $0.40. EPS for the 2007 fourth quarter includes estimated charges of $0.06 for share-based compensation and $0.09 related to the previously announced R&D facility closures that will be completed by year-end. For the 2007 fiscal year, the total costs recognized relative to the restructuring and R&D facilities consolidations are estimated to be $5.0 million. It is expected that the resulting savings realized during 2008 will exceed those restructuring costs. Earnings guidance assumes an effective income tax rate of 39 percent for fourth quarter and fiscal year."
Over SPSS
SPSS (NASDAQ : SPSS) is wereldwijd leverancier van software-oplossingen voor predictive analytics. De predictive analytics-technologie van SPSS optimaliseert bedrijfsprocessen doordat klanten hiermee beter in staat zijn zich op de kernactiviteiten te richten en te presteren. Met de opname van predictive analytics in de bedrijfsprocessen worden organisaties ‘voorspellende ondernemingen’. Zij zijn hiermee in staat om dagelijks weloverwogen beslissingen te nemen, waarmee bedrijfsdoelstellingen gerealiseerd worden en meetbare concurrentievoordelen bereikt worden. Meer dan 250.000 bedrijven, academische instituten, zorgaanbieders, marktonderzoeksbedrijven en overheidsinstellingen vertrouwen op de technologie van SPSS. SPSS is opgericht in 1968 en het hoofdkantoor is gevestigd in Chicago, Illinois. Meer informatie:
www.spss.nl.
Safe Harbor Statement
This press release contains forward-looking information made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward looking statements can be identified by phrases such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "could," "designed," "should be" and other similar expressions which denote expectations of future events rather than statements of fact. These forward-looking statements involve factors that are subject to risks and uncertainties. These risks and uncertainties, which may not be currently ascertainable and many of which are beyond the Company's control, may cause the Company's actual results, performance or achievements to be materially different than the results, performance or achievements expressed in or implied by the forward-looking statements. These risks and uncertainties are described in the Company's filings with the Securities and Exchange Commission ("SEC"). Copies of these filings are available either on the SEC's website at
www.sec.gov or from the Company's investor relations department. In light of these risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as a representation by the Company that any future results, performance or achievements will be attained. These forward-looking statements speak only as of the date on which they are made. The Company assumes no obligation to update the forward-looking statements contained in this press release.
Voor verdere persinformatie, fotomateriaal of een interview kunt u contact opnemen met Ingrid van den Nieuwenhof van LEWIS, Global Public Relations:
Tel: +31 (0)40 235 46 00
E-mail:
ingridv@lewispr.com www.lewispr.com Voor verdere algemene informatie kunt u contact opnemen met Bernadette Hulswit - van Beest van SPSS:
Tel: +31 (0)183 651 777
E-mail:
bhulswit@spss.com www.spss.nl