Briefs

CHICAGO--(BUSINESS WIRE)--Feb. 17, 2004--SPSS Inc. (NASDAQ:SPSS), a global provider of predictive analytics technology and services, today announced results for its fourth quarter and fiscal year ended Dec. 31, 2003.

Revenues and diluted earnings per share were $58.5 million and $0.23 in the quarter and $211.0 and $0.63 in the 2003 fiscal year, as compared to $54.0 million and a loss per share of $(0.05) in the 2002 fourth quarter and $209.3 million and a loss per share of $(0.47) in the 2002 fiscal year, respectively. Included in 2003 results are charges of $8.3 million primarily related to the company's acquisition of DataDistilleries and termination of its Siebel CRM implementation, as well as a gain of $8.6 million from the sale of its Sigma-series products. Included in 2002 results are restructuring costs of $1.2 million in the fourth quarter and technology write-offs, restructuring costs and acquisition and other nonrecurring charges of $17.7 million in the fiscal year. Cash was $37.7 million and cash flow from operations increased to $28.1 million in 2003 from $7.2 million in 2002.

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