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Article: Marimba Announces Preliminary Second-Quarter Financial Results; Expected Quarterly Revenue of $12.2 Million Up 11% Over Prior Quarter.
- Article from:
- Business Wire
- Article date:
- July 9, 2001
CopyrightCOPYRIGHT 2001 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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Business Editors/High Tech Writers
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--July 9, 2001
Marimba, Inc. (Nasdaq:MRBA), a leading provider of systems management solutions built for e-business, today announced preliminary expectations of financial results for its second quarter ended June 30, 2001.
For the second quarter, revenues are expected to be approximately $12.2 million, up 11% from the prior quarter. Pro forma diluted net loss per share is expected to be in the range of 9 to 11 cents, excluding a non-cash charge of $527,000 for deferred stock compensation and a restructuring charge of $789,000 related to its workforce reduction and other ...