Gartner Research

MAPICS Q3 Results: PointMan at the \\"Pivot\\" Point

Published: 04 August 2000

ID: G00191303

Analyst(s): David Cahn

Summary

With revenue climbing 13.7% to $36.5M, software developer MAPICS, Inc. beat Wall Street analysts' third fiscal quarter earnings forecasts by 40%. During the three months ending June 30, MAPICS earned $1.3M, or 7 cents per share, before amortizing goodwill from its PivotPoint acquisition in January; including that amortization, the company lost $1M, or 6 cents per share. The software house earned $2.4M, or 12 cents per share, in the same period last year. Analysts had forecast MAPICS would earn 5 cents per share during the quarter.

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