Inprise Corp has more bad news in store for its second quarter figures, due out after the markets close on July 26. Excluding a one-time license fee from Microsoft Corp of $100m (paid in June to settle patent and technology licensing disputes between the two), revenue is expected to be in the range of $38m to $41m, compared with revenue of $46.5m in the same period last year. A loss per share of between $0.17 and $0.22 per share is anticipated, compared with expectations of a $0.12 loss, as polled by First Call.
According to Dale Fuller, the interim president and CEO of Inprise following the resignation of former chairman and CEO Del Yocam back in April (CI No 3,632), revenue was impacted by longer than anticipated sales cycles of our core products. Fuller attributes this to the management changes, which also included the departure of chief financial officer Kathleen Fisher. He said the new management is committed to making targeted cost reductions and strategic investments. Inprise changed its name from Borland International last year in an attempt to move away from its reliance on sales of desktop programming tools.
Separately, Inprise announced a worldwide VAR agreement with Telcordia Technologies Inc, which will integrate Inprise’s ViusiBroker Common Object Request Broker product into its own Call Agent and Operations Support Systems software for voice over IP. Telcordia – the former Bellcore research division of the Bell telephone companies – says the deal will extend the use of Corba and Java in the telecommunications sector. Telcordia said it would use Inprise as its main technology vendor for Corba and Java application development internally, and has taken out a three-year technology site license.
