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Actuate Records 50,000 Downloads of Eclipse BIRT As Q1 Revenue Rises
Actuate Corporation, an Enterprise Reporting and Performance Management Applications company, has announced its financial results for its fiscal first quarter ended March 31, 2006.  Revenues for the first quarter of 2006 were .8 million, a 21% increase compared to the first quarter of 2005. License revenues for the first quarter of 2006 were .0 million, a 12% increase from a year ago. Services revenues for the first quarter of 2006 were .9 million, a 27% increase compared to 2005.

“Actuate continued to make positive progress in first quarter of 2006,” said Pete Cittadini, Actuate’s president and CEO. “BIRT, our Open Source initiative with the Eclipse Foundation, continues to gain traction within the Eclipse developer community as evidenced by a record 50,000 downloads of the product during Q1. We also secured several transactions resulting from our Open Source initiative during the first quarter.”

“The addition of performancesoft Views to the Actuate Enterprise Reporting Application platform allows us to offer innovative Real-Time Performance Management applications that will drive operational performance throughout the enterprise,” he added.
  Actuate Corporation
 


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