• The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
Menu
  • The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
  • JDA Closes Out 2005, Looks for Growth in 2006

    February 6, 2006 Timothy Prickett Morgan

    Retail application software specialist JDA Software has announced its financial results for the fourth quarter, and its results are stabilizing. Overall sales were $55.1 million, down 4 percent, and the software license sales component of this number came to $15.6 million, down 23 percent.

    JDA said it closed 100 deals in the quarter, and that another four customers had signed up for its .NET-enabled, Windows-based Portfolio retail suite, bringing the total customer count to 14. A few weeks ago, JDA had warned Wall Street that a few big deals had slipped into the new year, and that pushed the company to report a loss of $204,000, or one penny per share. JDA’s chief executive officer, Hamish Brewer, is still pretty optimistic about 2006, and thinks the company can bolster its earnings. JDA exited the year with $111.5 million in cash, up from $97.1 million a year ago, so things are not all bad. It is just that the retail market has relatively few players with lots of ISVs chasing them and this is one of the most difficult industries in which to sell software suites.

    In a separate announcement, JDA said that it had amicably settled a lawsuit with Belk, a privately held operator of department store chains on the American east coast. Belk, which has been a JDA customer since 2003, sued JDA in September 2005 for $2.8 million in damages because it claimed JDA didn’t deliver enhancements to its retail software earlier that year, causing it to lose sales. Belk has signed an extended agreement with JDA for a wide variety of software from the Portfolio suite of software. The financial terms of the settlement were not divulged.

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    Tags: Tags: mtfh_rc, Volume 15, Number 6 -- February 6, 2006

    Sponsored by
    Midrange Dynamics North America

    Accelerate Change & Integration on IBM i

    Good change management unites IBM i and open systems development for productive collaboration. Developers work with their preferred tools and IDEs. Ultimate version control and traceability mean fast bug fixes and less stress. Rollback to a stable version in seconds.

    Change management gives managers, operations teams, and auditors the visibility they need, and developers can focus on what they like best: building great applications.

    Learn More

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    Admin Alert: Six Simple Rules for OS/400 Group Profiles V5R4 CL Enhancements, Revealed and Detailed

    Leave a Reply Cancel reply

TFH Volume: 15 Issue: 6

This Issue Sponsored By

    Table of Contents

    • Big Blue Gives Big i5 Customers Extra Hand Holding for Free
    • iSeries Software Helps NetManage’s Recovery
    • JDA Closes Out 2005, Looks for Growth in 2006
    • ASNA, ISS Launch Midrange Migration Center
    • Datavantage Acquires CommercialWare for $13.2 Million
    • Big Blue Gives Big i5 Customers Extra Hand Holding for Free
    • COMMON Is Not Canceling Conferences in 2007
    • As I See It: Changing the World, One Pension at a Time
    • IBM Weaves Together HATS and WebFacing Tools
    • System i5 V5R4 Software Announcement Roundup

    Content archive

    • The Four Hundred
    • Four Hundred Stuff
    • Four Hundred Guru

    Recent Posts

    • To Comfort The Afflicted And Afflict The Comfortable
    • How FalconStor Is Reinventing Itself, And Why IBM Noticed
    • Guru: When Procedure Driven RPG Really Works
    • Vendors Fill In The Gaps With IBM’s New MFA Solution
    • IBM i PTF Guide, Volume 27, Number 27
    • With Power11, Power Systems “Go To Eleven”
    • With Subscription Price, IBM i P20 And P30 Tiers Get Bigger Bundles
    • Izzi Buys CNX, Eyes Valence Port To System Z
    • IBM i Shops “Attacking” Security Concerns, Study Shows
    • IBM i PTF Guide, Volume 27, Number 26

    Subscribe

    To get news from IT Jungle sent to your inbox every week, subscribe to our newsletter.

    Pages

    • About Us
    • Contact
    • Contributors
    • Four Hundred Monitor
    • IBM i PTF Guide
    • Media Kit
    • Subscribe

    Search

    Copyright © 2025 IT Jungle