Software license revenues increased 109% to a record $22.4 million in the third quarter ended March 31, 2001, up from $10.7 million in the same period last year.
For the third quarter ended March 31, 2001, net income was $2.6 million, or $0.05 per share, compared to a net loss of $2.9 million, or $0.08 per share on a pro forma basis, in the same period last year. For the third quarter, net income, excluding stock-based compensation, was $3.6 million, or $0.07 per share, compared to a net loss of $1.9 million, or $0.05 per share on a pro forma basis, in the same period last year.
For the nine months ended March 31, 2001, total revenues increased 102% to a record $100.9 million, compared to $49.9 million in the same period last year. Software license revenues increased 135% to a record $62.4 million for the nine months ended March 31, 2001, up from $26.6 million in the same period last year. Software license revenues represented 62% of total revenues, compared to 53% in the same period last year.
For the nine months ended March 31, 2001, net income was $5.3 million, or $0.11 per share, compared to a net loss of $6.4 million, or $0.19 per share on a pro forma basis, in the same period last year. For the nine months ended March 31, 2001, net income, excluding stock-based compensation, was $8.4 million, or $0.17 per share, compared to a net loss of $3.9 million, or $0.12 per share on a pro forma basis, in the same period last year.
Leading companies around the world are recognizing that Internet collaboration can accelerate products to market which in turn drives new revenue opportunities. Our eMatrix(TM) platform and Value Chain Portfolio(TM) applications, with support from our strong network of partners, uniquely positions us to meet the collaboration needs of our rapidly growing customer base, said Mark O’Connell, president and CEO of MatrixOne. Our financial results validate MatrixOne’s position as the clear leader in the growing Internet collaboration market.
SOURCE: COMPANY PRESS RELEASE
