J.D. Edwards Projects Positive Q4 Results

Although final results won’t be announced until December 3, enterprise software vendor J.D. Edwards & Company today announced positive preliminary results for its fourth quarter, which ended on October 31.

The Denver-based company reports its projected revenue will be in the $220 million to $225 million range. The company also reports that it expects to exceed its earnings per share guidance of $0.04. Those earnings are based on normalized operations, which exclude acquisition-related charges, losses on equity investments and other items.

In particular, J.D. Edwards projects a significant increase in its license-fee revenue, reporting that it will exceed its previous guidance of $70 million.

J.D. Edwards is listed as a Top 20 Infrastructure Provider by ASPnews.

Do you have a comment or question about this article or the ASP industry in general? Speak out in the ASP Discussion Forum.

News Around the Web