Struggling ERP vendor JD Edwards reported a dip in profits for the fourth quarter, but managed to beat Wall Street's expectations.
Revenue for the period ending 31 October 1999 was $257.6 million, compared to $307.1 million for the same period a year earlier.
Net income was $3.8 million or 3 cents per diluted share - compared to analysts' expectations of 1 cent per share. Net income for the fourth quarter a year before was $37.7 million or 34 cents per share.
The company said license fee revenue had risen 35 per cent to $101 million from the year before. Service revenue was slightly down at $156.6 million, compared to $163.6 million.
For the full year, JD Edwards made a net loss of $39.2 million or 37 cents per share, including acquisition related costs.
The company reported revenue of $944.2 million for 1999, a slight rise on the $934 million reported a year earlier.
Some parts of Atacama have not received rainfall for 500 years - but a sudden deluge of water upset the Desert's delicate biological balance
Spitzer Space Telescope could not spot Oumuamua, suggesting that it is actually pretty small
Greenland crater one of the 25 largest impact craters on Earth
This long-sought progenitor star was identified in an image captured by Hubble in 2007