Income, revenue up at SPSS
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First quarter results show 13% year-on-year revenue rise to $70.2m
MR and predictive analytics software firm SPSS has reported increases in revenue and operating income in the first quarter of 2007.
Revenue was up 13% year-on-year to $70.2m and operating income was up 73% to $12.1m, representing 17% of revenue.
President and CEO Jack Noonan called it a “solid start to the year”.
The firm said revenue for the second quarter is expected to be between $68m and $70m, and reiterated its guidance for the full year of between $285m and $295m.
Executive VP and CFO Raymond Panza said: “Our focus is on building upon the successes in this quarter by continuing to increase revenues and achieve further productivity improvements.”
Author: Robert Bain
