Article: Ariba Reports Results For Fourth Quarter and End of Fiscal Year 2002.

Q4 Fiscal 2002 Total Revenues $58.2 Million

Ariba, Inc. , the leading Enterprise Spend Management (ESM) solutions provider, today announced results for the fourth quarter and fiscal year ended September 30, 2002.

Quarterly Results

Revenues for the fourth quarter of fiscal 2002 were $58.2 million. Net loss on a GAAP basis for the fourth quarter of fiscal 2002 was $142.5 million, or a loss of $0.54 per share. For the corresponding quarter in fiscal 2001, the net loss on a GAAP basis was $224.3 million, or a loss of $0.89 per share.

Pro forma net income for the quarter excluding certain non-cash and special charges was $5.0 million, or ...

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