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Mobius Management Systems, Inc. Reports Preliminary Fiscal Third Quarter Results
Mobius Management Systems, Inc. (Nasdaq: MOBI), a provider of software for total content management (TCM), today reported that fiscal third quarter revenues are anticipated to be in the range of $17 to $18 million, which is expected to result in a net loss in the range of $0.06 to $0.08 per share.
"Our third fiscal quarter has historically been one of our slowest quarters. This year, however, we were also impacted by a number of large transactions that for several reasons, including protracted negotiations of terms and delays in our customers' approval process, did not close in the quarter as anticipated. We believe most of this revenue will be recognized in the June quarter and we will have profitable operating results for the June quarter as well as for the fiscal year," said Mitch Gross, President and CEO of Mobius.
Mobius will announce its fiscal third quarter results on April 28 and will host a conference call and Webcast. 15.04.2004, Mobius Management Systems
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