OzCrunch

Spend-management software vendor Ariba has reported anet loss of $18.3m for its first quarter ended December 2007 compared to a net loss of $4.1m in the same period last year. This was attributed to a rise in operating expenses.

Related Posts

• Ariba Reports Q2 Loss
Spend-management software vendor Ariba has reported a net loss of $12.4m for the second quarter ended March 2008, on revenue up 9.6% at $80.5m. It said the loss was due to costs relating to its acquisition of Procuri. Without this, adjusted net...
• Nortel Q2 Loss Widens
Network equipment company Nortel Networks has reported a net loss of $113m for the second quarter 2008, against a loss of $37m a year ago, on revenue up 2% at $2.62bn. It attributed the loss to restructuring charges and expenses.
• SuccessFactors Q2 Loss Widens
On-demand performance and talent management software provider SuccessFactors has reported a net loss of $19.28m for the second quarter 2008, against a loss of $16.36m a year ago, on revenue up 71% at $25.71m.
• CDC Loss Widens After Write-Downs
ERP vendor CDC has reported a net loss of $91.2m for the fourth quarter, compared to a net loss of $2.2m last year, on revenue up 20% at $107.7m.