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Article: SPSS Inc. Reports Third Quarter Results; EPS Up 19 Percent, Business Intelligence Product Sales Grow 62 Percent.
- Article from:
- Business Wire
- Article date:
- November 3, 1999
CopyrightCOPYRIGHT 1999 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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CHICAGO--(BUSINESS WIRE)--Nov. 2, 1999--
SPSS Inc. (Nasdaq: SPSS), a worldwide leader in data mining software and services, today announced results for the quarter ended Sept. 30, 1999: net revenues of $34.3 million and diluted earnings per share (EPS) of $0.43.
"We're pleased with this quarter's increased profitability," said Jack Noonan, SPSS president and CEO. "But we're even more pleased with our steady climb of business intelligence (BI) product sales. Compared to the third quarter of 1998, BI product sales rose 62 percent, and sales of more than $25,000 were up 66 percent. These indicators tell us the enterprise demand for our analytical solutions ...