Siebel has caught everyone by surprise by announcing off the chart results for their latest quarter, the last of 2005. They even beat their own expectations. Maybe Oracle and Ellison are one step ahead of all of us after all.
Preliminary revenues grew 20% to $469m compared with the 4th quarter of 2004, well ahead of Siebel’s own forecast of $340m to $360m.
Licence fees, Siebel’s largest revenue source, were almost double consensus estimates, reaching $214m, or 33% more than the same period a year ago.
Now it's over to Oracle to try and integrate and grow Siebel further and fight off SAP and Salesforce.com. That could be harder.
Philosopher Daniel Dennett dead at 82
6 hours ago
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