X

Profits elude SeeBeyond

Software company SeeBeyond warned investors Wednesday that it expects to post a loss of 8 cents to 10 cents for the second quarter instead of the penny profit analysts had expected. SeeBeyond's second-quarter revenue also missed the mark. The company expects to book $32 million to $34 million in revenue versus the $38.1 million anticipated by analysts polled by research firm First Call. SeeBeyond, which makes applications that help businesses integrate incompatible computing systems, joins a number of fellow software companies, including i2 Technologies, Kana Software and Epiphany, in issuing second-quarter earnings warnings this week. The warnings signal a repeat of the first quarter, which was marked by a string of disappointing financial results in the business software market as companies remained tight with their money.

Alorie Gilbert Staff Writer, CNET News.com
Alorie Gilbert
writes about software, spy chips and the high-tech workplace.
Alorie Gilbert
Software company SeeBeyond warned investors Wednesday that it expects to post a loss of 8 cents to 10 cents for the second quarter instead of the penny profit analysts had expected. SeeBeyond's second-quarter revenue also missed the mark. The company expects to book $32 million to $34 million in revenue versus the $38.1 million anticipated by analysts polled by research firm First Call.

SeeBeyond, which makes applications that help businesses integrate incompatible computing systems, joins a number of fellow software companies, including i2 Technologies, Kana Software and Epiphany, in issuing second-quarter earnings warnings this week. The warnings signal a repeat of the first quarter, which was marked by a string of disappointing financial results in the business software market as companies remained tight with their money.