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Article: Phase Forward Reports Fourth Quarter and Full Year 2007 Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- January 31, 2008
CopyrightCOPYRIGHT 2008 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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* Fourth Quarter Revenue of $37.8 million increases 25% over prior year
* Fourth Quarter Non-GAAP operating income of $5.3 million increases 28% over prior year
WALTHAM, Mass. -- 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 2007.
Revenues for the fourth quarter of 2007 were $37.8 million, a 25% increase from $30.2 million in the fourth quarter of 2006. Within total revenues, InForm[TM] license, application hosting and other related revenues were $27.4 million, an increase of 30% from $21.0 ...