Mercury Interactive Sees Revenues Up In 2002


Testing and performance software maker Mercury Interactive Corp. on Tuesday said it sees annual revenues growing up to 15 percent in 2002.

During a conference call with analysts, Mercury Interactive Chief Executive Amnon Landan forecast 2002 revenue growth of 5 percent to 15 percent, which would result in revenues of $380 million to $415 million.

He said per-share earnings could grow between zero and 20 percent to between 60 cents and 72 cents for 2002.

For its current first quarter, the company sees earnings of 9 cents to 11 cents a share on revenue of $84 million to $90 million.

The Sunnyvale, California-based Israeli software maker posted fourth-quarter pro forma earnings of 14 cents on revenue of $90.3 million, beating Wall Street's consensus estimate for earnings of 12 cents a share.

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