On December 4, J.D. Edwards & Company announced its return to profitability in Q4 2000, a sign the market may be buying into its Internet collaboration approach. However, 2000 remains a more bitter than sweet year for the company owing to the posted loss and staff departures earlier on.
from normalized operations exclude amortization of acquisition-related intangible assets, restructuring and other related costs, and gains on sales of equity investments and product line. Figure 1. For the fiscal year ended October 31, 2000, total revenue reached a record $1.0 billion, a 6% increase compared to revenue of $944.2 million in fiscal 1999 (See Figure 2). License fee revenue was $419.1 million, 34% higher compared to $312.8 million in the fiscal year ended October 31, 1999. Nevertheless, the