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Article: Phase Forward Reports Record Fourth Quarter and Full Year 2006 Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- February 1, 2007
CopyrightCOPYRIGHT 2007 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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WALTHAM, Mass. -- Phase Forward Incorporated (NASDAQ: PFWD)
* Bookings Grew 52% to $137 Million, Resulting in Ending Backlog of $217 Million
* Fourth Quarter Revenue Grew 28% to $30.2 Million
* Fourth Quarter Non-GAAP Income from Operations Grew 67% to $4.1 Million
Phase Forward Incorporated (NASDAQ: PFWD), a leading provider of data management solutions for clinical trials and drug safety, today announced its financial results for the fourth quarter and full year 2006.
Revenues for the fourth quarter of 2006 were $30.2 million, a 28% increase from $23.6 million in the fourth quarter of 2005. Within total revenues, InForm[TM] ...