AUTONOMY EXPECTS FIRST QUARTER 2005 RESULTS TO BE CONSIDERABLY AHEAD OF CONSENSUS ESTIMATES
SCHEDULES FIRST QUARTER RESULTS & CONFERENCE CALL
SAN FRANCISCO, California and CAMBRIDGE, England - April 5th, 2005 - Autonomy Corporation plc (LSE: AU.) ("Autonomy" or "the Company"), a global leader in infrastructure software for the enterprise, today announced that it expects revenues and earnings for the first quarter of 2005 to be considerably ahead of market consensus estimates for revenues and earnings and above the range of Q1 2005 revenue forecasts of $16 million to $18 million discussed during the Company's fourth quarter 2004 conference call in January 2005. Autonomy reported revenues of $16.4 million and earnings of $0.02 for the first quarter of 2004.
Commenting on trading in the first quarter of the current financial year, Dr. Mike Lynch, Group CEO of Autonomy said today: "We are pleased to announce that our first quarter 2005 results are expected to show good growth and strength. This result will have been delivered despite traditional seasonality which sees Q1 revenues below those of Q4 of the prior year. These results point to a continuing improvement in the business climate and an exceptionally high win rate over our competitors."
These results are preliminary and subject to the usual quarterly financial review by Autonomy's independent auditors.
Results for the first quarter of 2005 will be announced on 20th April 2005. A teleconference call to discuss these results will be hosted on 20th April 2005, at 9.30am BDT. The call will be available live via webcast over the World Wide Web. To access the live webcast, investors are directed towards the investor relations section of Autonomy's website, http://www.autonomy.com. Investors should go to the website approximately 15 minutes prior to the start time of the call to register.
About Autonomy Corporation plc
Autonomy Corporation plc (LSE: AU.) is a global leader in infrastructure software for the enterprise. Autonomy's technology powers applications dependent upon unstructured information including call center, customer relationship management, knowledge management, enterprise portals, enterprise resource planning, online publishing and security applications. Autonomy's customer base includes more than 1,000 global companies including BAE Systems, Ford, Ericsson, Royal Sun Alliance, Sun Microsystems and public sector agencies including the U.S. Department of Defense, NASA and the U.S. Department of Energy. Strategic reseller and OEM partners include leading companies such as ATG, BEA, Business Objects, Citrix, Computer Associates, EDS, IBM Global Services, Novell, Novient, Veritas, Vignette, Supportsoft and Sybase. The company has offices worldwide.
The Autonomy Group includes: Aungate, a leading supplier of electronic communications management technology for regulatory compliance in the enterprise; Audentify, a leading supplier of next-generation contact center technology; and Virage, a leading provider of rich media communication and content management software.
Caution Concerning Forward-Looking Statements
The statements set forth in this news release are forward-looking statements regarding Autonomy's expected third quarter revenue and earnings that involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements, including the risk that, because the company has not finalized its second quarter financial results, unexpected adjustments may be made in finalizing these financial results from those currently contemplated. These factors and other factors which could cause actual results to differ materially are also discussed in the company's filings with the United States Securities and Exchange Commission, including Autonomy's latest Annual Report on Form 20-F.
Financial Media Contacts:
Analyst and Investor Contacts:
Edward Bridges
Financial Dynamics
+44 (0)20 7831 3113
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