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Starlight · 25-04-2007, 22:09

Ariba Reports Results for the Second Quarter of Fiscal Year 2007
Wednesday April 25, 4:30 pm ET
Spend Management Leader Posts Subscription Software Revenue Growth of 15%

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ariba, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, today announced results for the second quarter of fiscal year 2007 ended March 31, 2007.

Financial Results

Total revenues for the second quarter of fiscal year 2007 were $73.4 million, as compared to $73.7 million for the second quarter of fiscal year 2006. Subscription and maintenance revenues for the quarter were $34.2 million, as compared to $31.4 million for the second quarter of fiscal year 2006. Within subscription and maintenance revenues, subscription software revenue was $15.7 million for the quarter, as compared to $13.6 million for the second quarter of fiscal year 2006. Services and other revenues for the quarter were $39.2 million, as compared to $42.4 million for the second quarter of fiscal year 2006.

Net loss for the second quarter of fiscal year 2007 was $5.1 million, or $0.07 per share, as compared to a net loss for the second quarter of fiscal year 2006 of $2.6 million, or $0.04 per share. The net loss for the second quarter of fiscal year 2007 included charges of $3.9 million for amortization of intangible assets and $8.4 million for stock-based compensation. Excluding these items, non-GAAP net income was $7.1 million, or $0.10 per diluted share.

"During the quarter, we continued to gain traction with our on-demand solutions, as evidenced by the 15% increase in our subscription software revenue and strong growth of our business backlog. Subscription software backlog surpassed the $100 million mark and grew 48% from a year ago since we embarked on our growth strategies and business transformation," said Bob Calderoni, CEO, Ariba. "Our focus on delivering value for customers coupled with our industry-leading solutions positions us well to continue this growth and further strengthen our market leadership."

Leading Innovation

Successful spend management requires a unique combination of market-defining technology, deep category expertise and industry best-practices. Only Ariba delivers all three in a single, integrated platform that can be quickly and cost-effectively deployed. Ariba continued to drive innovation across its solutions during the quarter, releasing Ariba® Supplier Network(TM) 44, the latest version of its industry-leading on-demand business collaboration platform which features advanced discount management and RFX functionality that enables buyers and suppliers to enhance their business by better managing trading relationships and working capital.

With buyers and suppliers in over 115 countries leveraging Ariba Supplier Network to drive transactions worth more than $100 billion a year and processing one purchase order every two seconds, the network is the world's leading online trading platform. Many companies, including those with ERP systems in place, rely on the network to move beyond transaction processing and facilitate the collaboration that is necessary to achieve spend management success.

Guiding the Journey

Spend management is about more than automating procurement and routine transactional processes to deliver quick savings. It is about gaining access to timely and accurate information on what and how companies are spending that can be used to drive on-going cost control. Ariba provides companies with comprehensive solutions that combine market-defining technology with deep category expertise and industry best-practices to help them better understand their spending patterns, identify opportunities to realize savings, and drive improved decision making that can positively impact the bottom line.

During the second quarter, nearly 200 companies around the world purchased Ariba's solutions to drive their spend management initiatives, including: Alaska Air Group, Assicurazoni Generali, BHP Billiton Limited, BNSF Railway Company, Boehringer Ingelheim Corporation, Colgate-Palmolive, Commerzbank AG, Del Monte Foods, EN Electronic Network AG, ETA Sons - Middle East, Hertz, Horizon Blue Cross Blue Shield of New Jersey, Johnson & Johnson, Nestle, Pfizer, Inc., Postecom S.p.A., Prestolite Electric, Inc., Schering-Plough Corporation, Severn Trent Water, Tata Motors Limited, Target Corporation, The Black & Decker Corporation, RBS - The Royal Bank of Scotland Group, Siam Cement, Verizon Communications and Zurich American Insurance Company.

25-04-2007, 22:09	#193
Starlight TBB Family Registriert seit: May 2002 Beiträge: 34.578	Ariba Reports Results for the Second Quarter of Fiscal Year 2007 Wednesday April 25, 4:30 pm ET Spend Management Leader Posts Subscription Software Revenue Growth of 15% SUNNYVALE, Calif.--(BUSINESS WIRE)--Ariba, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, today announced results for the second quarter of fiscal year 2007 ended March 31, 2007. Financial Results Total revenues for the second quarter of fiscal year 2007 were $73.4 million, as compared to $73.7 million for the second quarter of fiscal year 2006. Subscription and maintenance revenues for the quarter were $34.2 million, as compared to $31.4 million for the second quarter of fiscal year 2006. Within subscription and maintenance revenues, subscription software revenue was $15.7 million for the quarter, as compared to $13.6 million for the second quarter of fiscal year 2006. Services and other revenues for the quarter were $39.2 million, as compared to $42.4 million for the second quarter of fiscal year 2006. Net loss for the second quarter of fiscal year 2007 was $5.1 million, or $0.07 per share, as compared to a net loss for the second quarter of fiscal year 2006 of $2.6 million, or $0.04 per share. The net loss for the second quarter of fiscal year 2007 included charges of $3.9 million for amortization of intangible assets and $8.4 million for stock-based compensation. Excluding these items, non-GAAP net income was $7.1 million, or $0.10 per diluted share. "During the quarter, we continued to gain traction with our on-demand solutions, as evidenced by the 15% increase in our subscription software revenue and strong growth of our business backlog. Subscription software backlog surpassed the $100 million mark and grew 48% from a year ago since we embarked on our growth strategies and business transformation," said Bob Calderoni, CEO, Ariba. "Our focus on delivering value for customers coupled with our industry-leading solutions positions us well to continue this growth and further strengthen our market leadership." Leading Innovation Successful spend management requires a unique combination of market-defining technology, deep category expertise and industry best-practices. Only Ariba delivers all three in a single, integrated platform that can be quickly and cost-effectively deployed. Ariba continued to drive innovation across its solutions during the quarter, releasing Ariba® Supplier Network(TM) 44, the latest version of its industry-leading on-demand business collaboration platform which features advanced discount management and RFX functionality that enables buyers and suppliers to enhance their business by better managing trading relationships and working capital. With buyers and suppliers in over 115 countries leveraging Ariba Supplier Network to drive transactions worth more than $100 billion a year and processing one purchase order every two seconds, the network is the world's leading online trading platform. Many companies, including those with ERP systems in place, rely on the network to move beyond transaction processing and facilitate the collaboration that is necessary to achieve spend management success. Guiding the Journey Spend management is about more than automating procurement and routine transactional processes to deliver quick savings. It is about gaining access to timely and accurate information on what and how companies are spending that can be used to drive on-going cost control. Ariba provides companies with comprehensive solutions that combine market-defining technology with deep category expertise and industry best-practices to help them better understand their spending patterns, identify opportunities to realize savings, and drive improved decision making that can positively impact the bottom line. During the second quarter, nearly 200 companies around the world purchased Ariba's solutions to drive their spend management initiatives, including: Alaska Air Group, Assicurazoni Generali, BHP Billiton Limited, BNSF Railway Company, Boehringer Ingelheim Corporation, Colgate-Palmolive, Commerzbank AG, Del Monte Foods, EN Electronic Network AG, ETA Sons - Middle East, Hertz, Horizon Blue Cross Blue Shield of New Jersey, Johnson & Johnson, Nestle, Pfizer, Inc., Postecom S.p.A., Prestolite Electric, Inc., Schering-Plough Corporation, Severn Trent Water, Tata Motors Limited, Target Corporation, The Black & Decker Corporation, RBS - The Royal Bank of Scotland Group, Siam Cement, Verizon Communications and Zurich American Insurance Company.