View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 23, 1999


By CBR Staff Writer

BEA Systems Inc says it has seen a significant improvement in its order pipeline and is more confident about the future than it was at the end of the third quarter, when it began giving off warning signs that order backlog was thinner than it has expected. It said it added 330 new WebLogic customers and that its web application server acquisition now accounts for 20% of its revenue compared with an internal forecast of 10%. BEA says new salespeople are expected to bring in $1.1m in orders; those with a year’s experience $1.8m. It expects to see 40% revenue growth in the coming financial year and it expects its first quarter net earnings to be in the region of $0.02 on revenue of $82m.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.