Retek Expects to Exceed Analysts’ Expectations for Second Quarter
Retek Inc. Press Release
Minneapolis - May 17, 2001 - Retek Inc. announced today that it expects to exceed analysts` expectations for its second quarter ending June 30, 2001. Current consensus estimates for the second quarter are for revenues of $41.0 million and break-even results excluding non-cash acquisition and stock-based compensation charges. The announcement is being made in conjunction with the Company`s first analysts` day being held today in Minneapolis.
About Retek Inc.
Retek Inc. is a leading provider of software solutions and services to the retail industry. Retek`s collaborative solutions help the retail industry create, manage, and fulfill consumer demand. Many of the world`s leading retailers use Retek solutions, including A&P, Tesco, Best Buy, Family Dollar Stores, Eckerd Corp., Kohl`s Department Stores, and Gap Inc. For more information, visit http://www.retek.com, or call 1-888-61-RETEK. Retek can be contacted in Europe at +44 207 563 4646.
Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such factors are described from time to time in the company`s Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.
Back...
