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Article: Symyx Technologies Reports 2005 Financial Results; 2005 Revenue +30% and Non-GAAP Operating Income +37% Over 2004.
- Article from:
- Business Wire
- Article date:
- February 7, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SANTA CLARA, Calif. -- Symyx Technologies, Inc. (Nasdaq:SMMX) today reported financial results for the year and fourth quarter ended December 31, 2005.
2005 Financial Results
Revenue for the year ended December 31, 2005 was $108.1 million, an increase of 30% over 2004. By revenue type, services generated 53% of revenue, product sales 25% and license fees and royalties the remaining 22%. By business area, Collaborations generated 50% of total revenue, Symyx Tools 28%, Symyx Software 14%, Symyx Sensors 3% and Materials and IP Licensing 5%.
For the year, GAAP operating income was $15.7 million. Non-GAAP operating income was $22.2 million, ...