But next quarter will be worse...
Published: 25 October 2001 08:38 GMT
Network management software specialist, Micromuse reported poor earnings in its fourth quarter results and has warned the current quarter could be worse.
The company cited the terrorist attack on 11 September for a reduction on profits, from $5m a year ago to $3m in the quarter ending 30 September.
Micromuse's share price dipped over a dollar and a half to $11.70 in after hours trading on the news.
Talking to news agencies, chairman and CEO, Greg Brown said: "We had deals pending with financial services organisations, airlines as well as some key New York-based customers. Not to be using 11 September as an excuse, but it's a reality."
Brown said he expected revenues to dip by around two-and-a-half per cent in the next quarter.
Micromuse's flagship network monitoring software saw a surge in popularity in the last six months, especially with ISPs and telcos.
New customers included Demon Internet, Energis, Marconi and One2One.
Renowned for generating massive profits, this team will liaise with the New York office and work on varied projects that will provide exposure to a ...
To support the Superior/Senior in the budgeting process, through the analysis evaluation of potential revenues/profits, based on planned projects. s ...
Your responsibilities include owning and driving the Sell out Shipment number, overseeing channel led competitive attack activities and Partner ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Digg
Slashdot
Del.icio.us
Stumble
Reddit
RSS Feeds
Nick Heath Your top HR tech priorities for next year revealed How to make human resources IT work for you
Bob Tarzey Why you must rein in your power users When they do damage, it can be catastrophic to your business