Santa Cruz: Geschäftszahlen enttäuschend - Restrukturierung abgeschlossen - 500 Beiträge pro Seite | Diskussion im Forum

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Die Santa Cruz Operation (SCOC) gab heute das Geschäftsergebnis für das 2. Quartal und die letzten sechs Monate bekannt. Der Umsatz ging demnach von 55,74 auf 35,54 Millionen US-Dollar zurück. Der Nettoverlust lag bei 13,92 Millionen US-Dollar oder 0,39 US-Dollar je Aktie. Im Vorjahresquartal lag der Verlust je Aktie bei 0,11 US-Dollar. Die Vorabschätzungen lagen bei einem Verlust von 0,16 US-Dollar je Aktie.

Die Umsätze der letzten sechs Monate lagen bei 89,2 Millionen US-Dollar, verglichen mit 108,4 Millionen US-Dollar im Vorjahreszeitraum. Der Nettoverlust lag in dieser Zeit bei 0,31 nach 0,20 US-Dollar je Aktie im Vorjahreszeitraum.

Das Unternehmen gab weiter bekannt, dass die Restrukturierungen nun abgeschlossen seien. Sycamore soll nach Unternehmensangaben in drei Bereiche aufgegliedert werden.
CEO von SCOC, Doug Michels, sagte, das die Nachfrage nach dem Jahr-2000-Problem nicht angezogen sei und somit als Hauptgrund zum rückläufigen Umsatz beigetragen hat. Positiv sind nach Michels allerdings die Einschätzungen der Händler, die nun volle Auftragsbücher aufweisen.

Das Wertpapier des Unternehmens konnte bis Börsenschluss ein Plus von 4,81 Prozent bei 6 13/16 US-Dollar aufweisen.

[mourly]

Hier der Originaltext:


SCO Announces Fiscal 2000 Second Quarter and Six Month Financial Results CompanyCompletes Restructuring, Creates Three Independent Divisions And RecordsOne-time Restructuring Charge
Tue Apr 25 16:15:00 EDT 2000

SANTA CRUZ, Calif., Apr 25, 2000 /PRNewswire via COMTEX/ -- SCO (Nasdaq: SCOC)
today announced its second fiscal quarter and six month financial results for
the period ended March 31, 2000.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990421/SCOLOGO )

For the second fiscal quarter of 2000, revenues were $35,542,000, compared with
$55,738,000 for the second fiscal quarter of 1999. Net loss for the quarter
excluding a non-recurring charge was $13,922,000 or $0.39 per share, compared
with a net profit of $3,844,000 or $0.11 per share, basic and diluted, recorded
in the same period of 1999. Net loss for the quarter, including the
non-recurring charge of $5,887,000 or $0.17 per share, was $19,809,000 or $0.56
per share.

Revenues for the six-month period ending March 31, 2000, were $89,195,000,
compared with $108,444,000 for the same six month period in fiscal 1999. Net
loss for this six-month period excluding a non-recurring charge was $11,047,000
or $0.31 per share, as compared with a profit of $6,948,000 or $0.20 per share,
basic and diluted, for the first six months of 1999. Net loss for the six-month
period, including non-recurring charge of $5,887,000 or $0.17 per share, was
$16,934,000 or $0.48 per share.

Doug Michels, president and CEO of SCO, said, "As previously announced, sales of
the company`s operating system products have continued to be affected by
post-Y2K customer delays and other market factors. These delays appear to be
affecting a number of business software suppliers as their channels and
customers slowly begin to refocus on specifying future systems after months of
preparing for Y2K itself. While we are disappointed that the impact was more
severe than we had anticipated, many of our resellers report that their pipeline
is now rebuilding and they are optimistic about their future prospects. Looking
ahead, there is especially strong interest and significant activity around our
clustering and high-availability offerings as well as our new Tarantella Express
product.

Second Quarter Milestones

Despite the disappointing operating system revenues, there were a number of
significant milestones for SCO`s server business in the second quarter.


-- SCO and IBM released the alpha code version of their jointly developed
64-bit UNIX operating system, code-named Monterey/64.
-- Leading ISV partners, including Informix and Computer Associates,
certified their products for UnixWare 7 NonStop Clusters, and Oracle
is currently working to support Oracle 8i on UnixWare 7
NonStop Clusters for availability in SCO`s third fiscal quarter.
-- The Italian Ministry of Finance placed a $1.4M order for 181 clustered
UnixWare servers.
-- SCO received multi-million dollar order for UnixWare from a large US
telecommunications customer and a large US retailer.


SCO`s Tarantella business made major progress during fiscal Q2:

-- In January, Tarantella Enterprise II was released with native support
for Windows NT and Windows 2000 applications.
-- Also in January, SCO announced Tarantella Express for OpenServer and
UnixWare, designed for the high-volume reseller channel.
-- In February, SCO announced Tarantella Express for Linux, Tarantella
Enterprise II for Linux, Tarantella ASP Edition and the ASP Connect
program.
-- In late February, Tarantella Express for OpenServer was released.

The introduction of new products substantially increased SCO`s penetration of
the market. Over 60 resellers, VARs and end-users in 23 different countries
contracted for Tarantella during the quarter, including Siemens, EDS,
Cyberguard, Runaware, and a large US-based transportation company. SCO`s sales
pipeline for Tarantella products for the third fiscal quarter is the largest
ever.

SCO`s Professional Services business continued to add to its strong client
portfolio of major Unix server users and leading Linux vendors:


-- Announced partnerships with leading Linux companies, Caldera and SuSE,
adding to the relationship already established in 1999 with TurboLinux.
-- The availability of Professional Services was instrumental in winning
many of the large contracts for Unix servers, clustering and
Tarantella.

Restructuring

Over the past five weeks SCO has dramatically restructured its business
operations. The Santa Cruz Operation, Inc. now consists of three independent
divisions, each with a separate management team and dedicated development,
marketing and sales organizations -- the Server Software Division, the
Tarantella Division and the Professional Services Division.

"The systems software business has been undergoing a fundamental and profound
set of changes," said Michels. "The adoption of the Internet along with its de
facto standards, coupled with increasing reliance on the Open Source methodology
for industry-wide shared development projects, has created an environment with
different challenges and new opportunities.

"SCO has been investing in anticipation of these trends for several years now,"
Michels continued. "With Project Monterey we began to transition our OS
development towards a shared development model. We anticipated the use of
Internet technologies and standards to deploy applications of all kinds with our
major investment in Tarantella. For the last year we have been building a
worldwide Internet professional services capability in response to customer
requirements for high-quality, independent expert assistance in design,
specification and deployment of major, standards-based projects."

Michels concluded, "We believe that the year 2000 will mark the start of a new
generation of system software. To benefit from the position we hold in the
industry and the investments we have made, now is the time to reinvent SCO to
focus our efforts on the major growth opportunities enabled by these
investments."


The major goals of this restructuring are as follows:

-- Assure the profitability of the Server Software Division by reducing
expenses in line with current market conditions and positioning to
leverage the growing importance of Open Source in the market.
-- Invest more rapidly in resources to grow Tarantella Division revenues,
the division we believe has the highest opportunity for growth.
-- Allow the Professional Services Division to expand existing and new
relationships with major customers beyond the current focus on SCO`s
products.
-- Provide management and shareholders with visibility of the performance
of each division.

The steps taken in this restructuring will give each division a greater ability
to react to market demand, innovate and better service the needs of its targeted
customer segments. A non-recurring charge of $5,887,000 was recorded in the
second fiscal quarter to cover the one-time expenses associated with
implementing this restructuring.

Jenny Twaddle, acting CFO of SCO, commented, "We believe that the actions taken
to restructure and refocus the way we operate our business are the right
initiatives. We anticipate the benefits or our restructuring will begin to
materialize through the remainder of this year. We also expect margins to
improve by effectively controlling expenses and reducing material costs, both
direct results of our e-Commerce efforts."

About SCO

SCO is a global leader in server-based software for networked business
computing. SCO`s market-leading UNIX server software runs non-stop businesses
worldwide. The Tarantella family of software products provides instant web
access to applications running on all leading servers, enabling businesses to
access and manage information anywhere, anytime. SCO Professional Services help
businesses plan, deploy and maintain UNIX, Linux and Tarantella environments.
Visit SCO on the web at www.sco.com.

Note

Except for historical information contained herein, the matters discussed in
this release are forward-looking statements. Investors are cautioned that all
forward-looking statements involve risks and uncertainty, including without
limitation, uncertainty in domestic and international markets, changes in
customer implementation plans, increases and decreases in the value of
investments in third parties, the ability to reduce expenses, risks of
dependence upon third-party suppliers, impact and success of joint development
projects and industry partnerships, timely availability of products, market
acceptance of new products, including open source- based and internet-related
products, the impact of competitive products, general market conditions, and
other risks detailed from time to time in SCO`s SEC filings, including forms
10-Q and 10-K (copies of which are available from SCO without charge in hard
copy or online at www.sco.com/investor, or www.sec.gov/edgarhp.htm). SCO
disclaims any intention or obligation to publicly update or revise any
forward-looking statements, whether as a result of events or circumstances after
the date hereof or to reflect the occurrence of unanticipated events.

NOTE: SCO, The Santa Cruz Operation, the SCO logo, SCO OpenServer, Tarantella,
Express and UnixWare are trademarks or registered trademarks of The Santa Cruz
Operation, Inc. in the USA and other countries. UNIX is a registered trademark
of The Open Group in the United States and other countries. NonStop is a
registered trademark of Compaq Computer Corporation in the US and other
countries. All other brand or product names are or may be trademarks of, and are
used to identify products or services of, their respective owners.


THE SANTA CRUZ OPERATION, INC.


CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except earnings per share)

Three Months Ended Six Months Ended

March 31, March 31,
2000 1999 2000 1999
(Unaudited) (Unaudited)
Net revenues $35,542 $55,738 $89,195 $108,444
Cost of revenues 10,257 12,744 22,089 24,824
Gross margin 25,285 42,994 67,106 83,620
Operating expenses:
Research and development 11,632 10,678 22,210 20,858
Sales and marketing 23,723 23,993 49,022 47,325
General and administrative 4,672 4,688 8,508 8,484
Non-recurring charges 5,887 -- 5,887 --
Total operating expenses 45,914 39,359 85,627 76,667
Operating income (loss) (20,629) 3,635 (18,521) 6,953
Other income (expense):
Interest income, net 592 498 1,192 1,074
Other income (expense), net 908 446 1,745 436
Income (loss) before
income taxes (19,129) 4,579 (15,584) 8,463
Income taxes 680 735 1,350 1,515
Net income (loss) $(19,809) $3,844 $(16,934) $6,948
Earnings (loss) per share:
Basic $(0.56) $0.11 $(0.48) $0.20
Diluted $(0.56) $0.11 $(0.48) $0.20
Shares used in earnings
(loss) per share calculation:
Basic 35,596 34,339 35,154 34,550
Diluted 35,596 35,394 35,154 35,294










THE SANTA CRUZ OPERATION, INC.
March 31, Sept. 30,
CONSOLIDATED BALANCE SHEETS 2000 1999
(In thousands) (Unaudited)
Assets
Current assets:
Cash and cash equivalents $20,295 $33,683
Short-term investments 28,042 29,161
Receivables, net 25,652 32,309
Available-for-sale equity securities 30,625 --
Deferred tax assets 1,989 1,202
Other current assets 5,874 6,310
Total current assets 112,477 102,665
Property and equipment, net 11,705 12,234
Purchased software and technology licenses, net 8,112 10,431
Long-term deferred tax assets 12,365 6,623
Other assets 6,984 7,331
Total assets $151,643 $139,284
Liabilities and Shareholders` Equity
Current liabilities:
Trade accounts payable $7,304 $7,482
Royalties payable 4,431 7,217
Income taxes payable 3,229 1,983
Deferred income taxes 11,600 --
Accrued expenses and other
current liabilities 30,779 32,314
Deferred revenues 9,905 8,856
Total current liabilities 67,248 57,852
Long-term lease obligations 1,227 2,332
Long-term deferred revenues 1,546 2,571
Other long-term liabilities 5,600 6,191
Total long-term liabilities 8,373 11,094
Shareholders` Equity
Common stock, no par value, net,
authorized 100,000 shares Issued and
outstanding 35,811 and 34,346 shares 107,232 106,201
Accumulated other comprehensive income 21,995 408
Accumulated deficit (53,205) (36,271)
Total shareholders` equity 76,022 70,338
Total liabilities and
shareholders` equity $151,643 $139,284


THE SANTA CRUZ OPERATION, INC.
March 31, Dec. 31,
CONSOLIDATED BALANCE SHEETS 2000 1999
(In thousands) (Unaudited)
Assets
Current assets:
Cash and cash equivalents $20,295 $37,867
Short-term investments 28,042 29,547
Receivables, net 25,652 25,523
Available-for-sale equity securities 30,625 78,157
Deferred tax assets 1,989 2,947
Other current assets 5,874 5,344
Total current assets 112,477 179,385
Property and equipment, net 11,705 12,072
Purchased software and technology licenses, net 8,112 9,310
Long-term deferred tax assets 12,365 20,115
Other assets 6,984 6,797
Total assets $151,643 $227,679
Liabilities and Shareholders` Equity
Current liabilities:
Trade accounts payable $7,304 $5,906
Royalties payable 4,431 7,953
Income taxes payable 3,229 2,761
Deferred income taxes 11,600 30,611
Accrued expenses and other current liabilities 30,779 29,103
Deferred revenues 9,905 7,634
Total current liabilities 67,248 83,968
Long-term lease obligations 1,227 1,748
Long-term deferred revenues 1,546 1,381
Other long-term liabilities 5,600 6,667
Total long-term liabilities 8,373 9,796
Shareholders` Equity
Common stock, no par value, net,
authorized 100,000 shares Issued and
outstanding 35,811 and 35,302 shares 107,232 111,039
Accumulated other comprehensive income 21,995 56,272
Accumulated deficit (53,205) (33,396)
Total shareholders` equity 76,022 133,915
Total liabilities and shareholders` equity $151,643 $227,679

SOURCE SCO

sorry mit der formatierung scheint`s nicht so ganz hinzuhauen aber was solls auch bei den Zahlen

Gute Nacht mourly