I2 beats estimate by a penny (ITWO) by Carl Corry
Internet business-to-business software maker I2 Technologies (ITWO) reported fourth quarter revenue of $378 million and a profit of 9 cents a share, beating the consesus estimate of analysts polled by First Call/Thomson Financial by a penny. License revenues grew 120 percent to $244 million for the final quarter of 2000, over the $111 million reported for the same quarter a year ago. Revenue for the full year 2000 jumped 97 percent to $1.1 billion on earnings of 26 cents a share, beating the consensus estimate by 3 cents. Shares of I2 jumped $5.70, or 11.8 percent, to $53.88 ahead of the
announcement.
Internet business-to-business software maker I2 Technologies (ITWO) reported fourth quarter revenue of $378 million and a profit of 9 cents a share, beating the consesus estimate of analysts polled by First Call/Thomson Financial by a penny. License revenues grew 120 percent to $244 million for the final quarter of 2000, over the $111 million reported for the same quarter a year ago. Revenue for the full year 2000 jumped 97 percent to $1.1 billion on earnings of 26 cents a share, beating the consensus estimate by 3 cents. Shares of I2 jumped $5.70, or 11.8 percent, to $53.88 ahead of the
announcement.
