April 26, 2000
The Irvine maker of Web-related software for electronic businesses reported a net loss of $5.7 million, or 7 cents a share, for the first quarter, compared with a profit of $943,000, or 1 cent a share, for last year's first quarter. Revenue more than doubled to $28.7 million from $12.8 million. Its stock gained $4.69 to close at $45 a share, though results were issued after the market closed.
November 12, 1999 |
Quest Software Inc. agreed to buy closely held Foglight Software of Pleasanton, Calif., for about $86.3 million in stock, the Irvine-based company's second acquisition this month to add products that complement its database software. With the purchase, Quest will get Foglight's Real-Time Application Performance System, which monitors applications and automatically corrects problems or alerts system managers. Quest shares rose $2.25 to close at $66.38 on Nasdaq.
November 14, 2001 |
Quest Software Inc. of Irvine announced a software-sales alliance with F5 Networks Inc., news that sent its shares up $4.15, or 21%, to $23.76 on Nasdaq. Shares of Seattle-based F5, which makes software to manage Web traffic, rose 7.8%, or $1.59 a share, to $22.01, also on Nasdaq. The companies said they are integrating their programs and selling them together to help corporate customers reduce costs. Quest makes products to speed Oracle Corp. database programs.
August 9, 2006 |
Quest Software Inc. of Aliso Viejo reported higher second-quarter revenue and gave revenue outlooks for the third quarter and full year. Second-quarter revenue rose to $126.9 million from $107.1 million in the second quarter of last year, the software maker said. The company said it expected third-quarter revenue to be in the range of $128 million to $135 million. For 2006, revenue is expected to be $535 million to $545 million, it said.
December 6, 2000 |
Web-related database software maker Quest Software Inc. in Irvine said Tuesday that it will buy back up to 2 million shares of its common stock. The company did not set any timeline for the buyback and has not committed to repurchase any specific number of shares, according to its press release. As of Nov. 9, the company said it had about 88.3 million shares outstanding. Quest shares gained $7.38 each Tuesday to close at $38.88 in Nasdaq trading.
January 11, 2000
Quest Software Inc., an Irvine software developer, said Monday that it has completed its all-stock acquisition of closely held Foglight Software in Pleasanton in a deal valued at $104.4 million. Under the terms of the acquisition agreement, Quest issued about 1.2 million shares of its common stock for all outstanding Foglight shares, options and warrants. With Quest's stock price rising, the value of the deal on Monday surpassed the original estimate of $86.3 million.