SSA-GT Financial Health

I saw something in the news that might interest folks on this discussion group.

announced financial results for its first quarter of fiscal year 2005 last week,

For the three months ending October 31, SSA's
* total revenue increased by 18 percent, to $166.5 million.
* Software license revenue grew by 37 percent, to $41.4 million;
* support revenue increased by 11 percent, to $85.4 million;
* and revenue from services and other areas increased by 14 percent, to $39.7 million.
Much of SSA's revenue increase is a reflection of several acquisitions the company has completed since the start of its 2003 fiscal year, including Baan, EXE Technologies, Arzoon, and Marcam.

also experiencing organic growth, and among the product lines it owned as of July 31, 2003, its software license revenue grew 21 percent. The company remains profitable, as net income for the quarter grew 22 percent, to $6.6 million, a reflection of its ability to manage expenses, which grew by only 11 percent, to $95.8 million, for the quarter. "This quarter's results demonstrate the continued success of our business strategy--acquire market share and grow customer share--and customer commitment to SSA Global," said Mike Greenough, chairman, president, and CEO of the Chicago software company.

http://www.itjungle.com/tfh/tfh010305-story05.html ... second major story 
here.

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Al Macintyre