July 27, 2000
The Irvine company reported a net loss of $4.4 million, or 5 cents a share, for the second quarter, contrasted with profit of $371,000 for the corresponding 1999 period. Revenue more than doubled to $36.7 million from $15.5 million. The company's stock fell 15% to close at $50.50 a share, down $8.75 in Nasdaq trading. Company spokesman Don Allen attributed the market reaction mostly to profit-taking. Other companies in its sector also reported disappointing results Wednesday.
April 26, 2000
Quest Software Inc., an Irvine maker of Web-related software for electronic businesses, said Tuesday that it has signed a definitive agreement to acquire a Canadian company. Financial terms were not disclosed. Quest would acquire MessageWise Inc. in Ottawa, Ontario, to help extend Quest's market reach. MessageWise provides performance monitoring and configuration management products for Microsoft Exchange e-mail networks.
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.
June 30, 2000 |
Quest Software Inc., a maker of database software, said Thursday it agreed to buy FastLane Technologies for about $100 million in cash and stock to become a leading vendor for Microsoft Corp.'s systems-management software. Closely held FastLane, based in Canada, sells directory-management software for Microsoft products, including Windows 2000. Irvine-based Quest helps companies manage and monitor information from large databases, with strengths in Oracle Corp. applications.
January 2, 2000 |
Who will make big news in the business world this year? Who will emerge from relative obscurity to become a major player? To start the new year, Times business reporters selected people from their beats who they believe will be among those to watch in 2000--in Southern California, across the country and around the world. Some are well known, having made big news in previous years. Others are not exactly household names but nevertheless are likely to make a major impact in their fields.
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.