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Computer peripherals industry

Stratus Computer Reports First Quarter 1995 Revenue and Earnings

Strategic Insights

— 1 min read

Stratus Computer, a leading provider of computer solutions for critical online environments, reported a 5 percent decline in revenue for the first quarter of 1995, totaling $128.5 million. The company's earnings were $6.4 million, compared to $11.4 million in the first quarter of 1994. Despite the revenue shortfall, Stratus was encouraged by the response to its new Continuum product line, which exceeded revenue expectations in the first quarter.

Key Takeaways:

  • Stratus Computer reported a 5 percent decline in revenue for the first quarter of 1995, totaling $128.5 million.
  • The company's earnings were $6.4 million, compared to $11.4 million in the first quarter of 1994.
  • Stratus exceeded revenue expectations for its new Continuum product line in the first quarter.
  • The company's software business grew by 26 percent in the first quarter, before including TCAM.
  • Stratus expects continued growth from its OEM channel, specifically from its partnership with NEC.
  • The company will introduce a new member of the Continuum family within one year, expanding its market presence.
  • Stratus will announce a new highly reliable hardware product line, based on its Isis software, by the end of 1995.

Statistics:

  • Revenue for the first quarter of 1995: $128.5 million
  • Decrease in revenue from the previous year's first quarter: 5 percent
  • Earnings for the first quarter of 1995: $6.4 million
  • Earnings per share for the first quarter of 1995: $0.26
  • Revenue growth from software businesses: 26 percent
  • Revenue contribution from NEC: doubled from the previous year

Sources:

  • Stratus Computer Press Release, April 24 (no specific date provided), PRNewswire
  • Stratus Computer Management Presentation, March 31 (no specific date provided)
  • Stratus Computer Website, www.stratus.com (no specific date provided)

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