Revenues for the first quarter of 2001, which excluded Retek, were $54.0 million. Revenues for the first quarter of 2000, which included Retek, were $54.6 million. Diluted net loss for the first quarter of 2001, which excluded Retek, was $15.9 million, or $0.48 per share. Diluted net loss for the first quarter of 2000, which included Retek, was $12.2 million, or $0.47 per share.
Our first quarter results clearly indicate a solid continuation of demand for our Customer Insight Platform Solution, said John Mutch, president and chief executive officer of HNC Software. HNC is in a somewhat unique position. We have a number of differentiators that allow us to maintain our leadership position and grow our markets. These include a profitable operating model as well as very robust and differentiated software with proven and demonstrable return on investment. To be in the game in today’s environment, software companies must have solutions that drive actions that minimize risk, that optimize revenue and profitability or that allow large enterprises to deliver the best possible customer experience. HNC’s products address these critical needs and our results reflect this enviable position.
