Die fallen mir schon lange auf, heute ausgezeichnete Zahlen.
Könnte ein Topinvestment 2003 werden, der Chart gibt es her.
Ist vergleichbar mit UNTD, nach dem Zusammenschluss von Netzero und Juno Online war UNTD
entstanden.
Der6-Monatschart von OPSW:
Gruss E.
Opsware Inc. Reports Third Quarter Results; Successfully Completes the Sale of Its Managed Services Business to EDS and Emerges With a Better Than Expected Balance Sheet
SUNNYVALE, Calif., Dec 10, 2002 (BUSINESS WIRE) -- Opsware Inc. (NASDAQ: OPSW),
the leading provider of data center automation software, today reported results
for its third quarter ended October 31, 2002.
The company reported net income of $49.1 million, or $0.67 per share, which
includes the gain on the sale of the managed services business, which was sold
to EDS for $63.5 million in a cash transaction that closed on August 15, 2002.
Results for the third quarter include approximately two weeks of operations of
the managed service business, including $2.6 million in revenue.
The company ended the quarter with cash resources, including temporarily
restricted cash, of over $84 million.
"During the quarter we successfully closed the EDS transaction and completed the
transition to our enterprise software business model, and with the addition of
Sharlene Abrams as CFO, we have the management team in place to execute on the
plan," said Ben Horowitz, president and CEO. "We made excellent progress with
key deployments for the U.S. Department of Energy, Met Life and EDS. These
successes combined with our financial strength provide an excellent foundation
for growth in our upcoming fiscal year, leading to our Q2 target for cash flow
breakeven."
We will provide forward looking guidance related to our business and financial
condition on the conference call referenced below.
About the Conference Call
Opsware will host a conference call on Tuesday, December 10, 2002 beginning at
2:00 p.m. PT to detail today's announcement. A live audio version of the
conference call will be available on the Investor Relations section of Opsware's
web site at http://investor.opsware.com. A replay of the conference will be
available by dialing (719) 457-0820 and entering passcode #399288 starting at
5:00 p.m. PT on December 10 and running until 9:00 p.m. PT on December 11, 2002.
About Opsware Inc.
Opsware Inc. is the leading provider of data center automation software,
offering a complete solution for enterprises, government agencies and service
providers looking to reduce costs and increase IT efficiencies. The Opsware
System automates the complete IT lifecycle including provisioning, deploying,
changing, scaling, securing, recovering, consolidating, auditing and
reallocating servers and business applications. The Opsware System uniquely
combines process automation with built in operations knowledge on over 60
technologies. Opsware software was the foundation of Loudcloud's
software-powered managed services business and has been proven to lower costs,
accelerate change and increase service quality. For more information on Opsware
Inc., please visit our Web site at www.opsware.com.
This press release contains forward-looking statements regarding the timing of
our achievement of cash flow breakeven and our ability to execute on our
operating plan and grow our new software business. These statements are subject
to risks and uncertainties that could cause actual results to differ materially
from these statements, including the risk that the assumptions underlying our
current business strategy may change, that our experience operating as a
software company is limited, that there is unproven demand for our Opsware
automation software, that we may not release our software products on time and
that these products may not perform as described or as hoped, that we may not be
able to settle obligations or manage our cash as anticipated, and that future
revenue from sales of Opsware automation software is uncertain. As previously
disclosed, we are in the process of settling certain liabilities related to the
sale of our managed services business, including the settlement of excess
facility and equipment leases and the payment of taxes. As a result, the amount
of cash resources reflected on the balance sheet for the quarter ended October
31, 2002, does not reflect the actual payment or anticipated payment of such
expenses after the end of the quarter. More information about these and other
factors that could affect Opsware's business and financial results is included
in Opsware's Form 10-Q filed with the SEC on September 13, 2002, definitive
proxy statement filed with the SEC on July 10, 2002 and Form 10-K filed with the
SEC on May 1, 2002 (as amended on June 20, 2002 and November 25, 2002) under the
headings "Risk Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations."
Opsware and Loudcloud are service marks and trademark of Opsware Inc. All other
product names, service marks, and trademarks mentioned herein are trademarks of
their respective owners.
Könnte ein Topinvestment 2003 werden, der Chart gibt es her.
Ist vergleichbar mit UNTD, nach dem Zusammenschluss von Netzero und Juno Online war UNTD
entstanden.
Der6-Monatschart von OPSW:
Gruss E.
Opsware Inc. Reports Third Quarter Results; Successfully Completes the Sale of Its Managed Services Business to EDS and Emerges With a Better Than Expected Balance Sheet
SUNNYVALE, Calif., Dec 10, 2002 (BUSINESS WIRE) -- Opsware Inc. (NASDAQ: OPSW),
the leading provider of data center automation software, today reported results
for its third quarter ended October 31, 2002.
The company reported net income of $49.1 million, or $0.67 per share, which
includes the gain on the sale of the managed services business, which was sold
to EDS for $63.5 million in a cash transaction that closed on August 15, 2002.
Results for the third quarter include approximately two weeks of operations of
the managed service business, including $2.6 million in revenue.
The company ended the quarter with cash resources, including temporarily
restricted cash, of over $84 million.
"During the quarter we successfully closed the EDS transaction and completed the
transition to our enterprise software business model, and with the addition of
Sharlene Abrams as CFO, we have the management team in place to execute on the
plan," said Ben Horowitz, president and CEO. "We made excellent progress with
key deployments for the U.S. Department of Energy, Met Life and EDS. These
successes combined with our financial strength provide an excellent foundation
for growth in our upcoming fiscal year, leading to our Q2 target for cash flow
breakeven."
We will provide forward looking guidance related to our business and financial
condition on the conference call referenced below.
About the Conference Call
Opsware will host a conference call on Tuesday, December 10, 2002 beginning at
2:00 p.m. PT to detail today's announcement. A live audio version of the
conference call will be available on the Investor Relations section of Opsware's
web site at http://investor.opsware.com. A replay of the conference will be
available by dialing (719) 457-0820 and entering passcode #399288 starting at
5:00 p.m. PT on December 10 and running until 9:00 p.m. PT on December 11, 2002.
About Opsware Inc.
Opsware Inc. is the leading provider of data center automation software,
offering a complete solution for enterprises, government agencies and service
providers looking to reduce costs and increase IT efficiencies. The Opsware
System automates the complete IT lifecycle including provisioning, deploying,
changing, scaling, securing, recovering, consolidating, auditing and
reallocating servers and business applications. The Opsware System uniquely
combines process automation with built in operations knowledge on over 60
technologies. Opsware software was the foundation of Loudcloud's
software-powered managed services business and has been proven to lower costs,
accelerate change and increase service quality. For more information on Opsware
Inc., please visit our Web site at www.opsware.com.
This press release contains forward-looking statements regarding the timing of
our achievement of cash flow breakeven and our ability to execute on our
operating plan and grow our new software business. These statements are subject
to risks and uncertainties that could cause actual results to differ materially
from these statements, including the risk that the assumptions underlying our
current business strategy may change, that our experience operating as a
software company is limited, that there is unproven demand for our Opsware
automation software, that we may not release our software products on time and
that these products may not perform as described or as hoped, that we may not be
able to settle obligations or manage our cash as anticipated, and that future
revenue from sales of Opsware automation software is uncertain. As previously
disclosed, we are in the process of settling certain liabilities related to the
sale of our managed services business, including the settlement of excess
facility and equipment leases and the payment of taxes. As a result, the amount
of cash resources reflected on the balance sheet for the quarter ended October
31, 2002, does not reflect the actual payment or anticipated payment of such
expenses after the end of the quarter. More information about these and other
factors that could affect Opsware's business and financial results is included
in Opsware's Form 10-Q filed with the SEC on September 13, 2002, definitive
proxy statement filed with the SEC on July 10, 2002 and Form 10-K filed with the
SEC on May 1, 2002 (as amended on June 20, 2002 and November 25, 2002) under the
headings "Risk Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations."
Opsware and Loudcloud are service marks and trademark of Opsware Inc. All other
product names, service marks, and trademarks mentioned herein are trademarks of
their respective owners.
