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Starbase Corp

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BUSINESS
May 19, 2000
The Santa Ana make of software products reported a net loss of $2.9 million, or 7 cents a share, for the fourth fiscal quarter, which included noncash expenses of $2.5 million related primarily to the acquisition of Premia Corp. The company posted a net loss of $2.6 million, or 10 cents a share, a year ago. Revenue for the quarter ended March 31 rose to $6.2 million from $2.2 million. For the year, the company said it lost $6.
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BUSINESS
July 10, 2002
* Starbase Corp. lowered revenue and income projections for its fiscal first quarter because of the continuing global economic downturn in information technology software spending. The Santa Ana company now expects to post a loss of 1 cent to 2 cents a share on revenue of about $9.1 million, down 25% from $12.1 million a year ago.
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BUSINESS
November 21, 1996
Software maker StarBase Corp. will sell its products overseas for the first time after signing an exclusive contract with a distributor. Under the agreement, Contemporary Software Ltd. will distribute StarBase products in the United Kingdom.
BUSINESS
February 17, 2001
* Starbase Corp., a Santa Ana-based developer of Internet software, said it will acquire closely held Technology Builders Inc. for about $36.9 million in stock, its second acquisition in a week.
BUSINESS
July 10, 1998 | Dow Jones
StarBase Corp. said it expects to report first-quarter revenue of $1.1 million to $1.15 million, exceeding company forecasts of $1 million. The Irvine provider of software management tools recorded revenue of $338,000 for the first quarter ended June 30, 1997.
BUSINESS
January 13, 1998 | Dow Jones
StarBase Corp. said it expects to report third quarter revenues between $575,000 and $625,000, exceeding expectations. StarBase, which develops software products, reported revenues of $366,000 in the second quarter ended Sept. 30.
BUSINESS
February 11, 1999 | Jonathan Gaw
Santa Ana-based StarBase Corp.'s stock moved up nearly 38% Wednesday after the company said it planned to introduce a Web site development product in May. The stock climbed 66 cents a share to $2.41. The new product, StarTeam.com, will be an extension of the company's StarTeam line of software configuration management tools.
BUSINESS
May 21, 1997 | (Dow Jones)
StarBase Corp. said Tuesday that it plans to raise $3 million to $4 million in new financing. The software company said it will offer current warrant holders the right to exchange the warrants for common stock on a ratio of one share for three warrants. If all warrants were converted, about 1.6 million additional shares would become outstanding. StarBase said it also expects to retain an investment banking firm to provide advice and counsel during the financing and on other strategic issues.
BUSINESS
August 11, 1998 | Dow Jones
StarBase Corp. said it has completed a $3-million private placement of 3,000 shares of Series G Preferred Stock. The company said each share, convertible into common stock at 1 cent a share, was offered at a subscription price of $1,000. The Irvine company's stock closed Monday at $1.25 a share, down 6 cents. StarBase, which provides software configuration management tools, said it plans to use the proceeds to support the company's expansion.
BUSINESS
May 17, 2000 | (Dow Jones)
Shares of StarBase Corp. moved up Tuesday on anticipation that the company's results for the fourth quarter will match expectations. The company is scheduled to report the financial results Thursday. The stock, which climbed 13.8% on Monday, moved up an additional 14.4%, or 78 cents a share, on Tuesday to close at $6.06 in Nasdaq trading. The Santa Ana software company is expected to post a loss of 1 cent a share on revenue of $5.
BUSINESS
February 17, 2001
Starbase Corp., a Santa Ana developer of Internet software, said Friday that it will acquire closely held Technology Builders Inc. for about $41 million in stock to boost its line of software products used for electronic commerce. Starbase will pay 10.2 million shares for Atlanta-based Technology Builders. Starbase said the purchase is expected to close within a week. Shares of Starbase, which have climbed 73% this year, closed Friday at $4.06, up 44 cents on the Nasdaq Stock Market.
BUSINESS
February 13, 2001 | Bloomberg News
Starbase Corp., a Santa Ana-based developer of Internet software, said it will acquire closely held Worldweb.net Inc. for $26 million in stock and cash to increase its products for the creation of computer code and content. Alexandria, Va.-based Worldweb.net makes software that allows companies to manage and organize Web sites. Starbase closed up 3 cents at $3.09 on Nasdaq.
BUSINESS
February 1, 2001
Starbase Corp., a Santa Ana provider of products for electronic business, reported a net loss of $2.9 million, or 6 cents a share, for its fiscal third quarter, compared with a net loss of $974,000, or 3 cents a share, for the year-earlier period. Revenue for the quarter ended Dec. 31 rose to a record $9.5 million from $4.1 million.
BUSINESS
October 31, 2000
The Santa Ana provider of products for E-business incurred a second quarter net loss of $3.4 million, or 7 cents a share, compared with a year-earlier net loss of $1.1 million, or 4 cents a share. Revenue for the quarter ended Sept. 30 rose to a record $8.4 million, more than double the $3.7 million posted a year earlier.
BUSINESS
June 23, 2000 | Dow Jones
Starbase Corp. shares rose sharply Thursday for the second day in a row on news that the Santa Ana software developer had acquired technology for developing XML-based products that allow different computers, Web sites and various types of computing devices to communicate with each other. The stock, which climbed 13% on Wednesday, moved up 12.4% Thursday, or 84 cents a share, to close at $7.63, on the Nasdaq SmallCap market. Starbase acquired privately held Genitor Corp. of Ann Arbor, Mich.
BUSINESS
June 22, 2000 | Dow Jones
Starbase Corp., Santa Ana manufacturer of software products, said Wednesday that it acquired Genitor Corp., a privately held company in Ann Arbor, Mich., for $2.45 million in stock. Genitor provides advanced development tools for such functions as the documentation of Web applications, work group collaboration, and re-engineering. Starbase had 1999 revenue of $6.83 million.
BUSINESS
January 15, 1997 | GREG MILLER, TIMES STAFF WRITER
StarBase Corp. announced an extensive management shake-up Tuesday that includes the departure of the financially struggling company's top executive and three other members of its board of directors. Alan M. Davis, who was named chief executive of the Irvine-based software company five months ago, resigned along with Robert W. Leimena, the company's chief financial officer. Both men will become consultants to the company, said William R. Stow III, chairman of StarBase. Donald R.
BUSINESS
June 23, 2000 | Dow Jones
Starbase Corp. shares rose sharply Thursday for the second day in a row on news that the Santa Ana software developer had acquired technology for developing XML-based products that allow different computers, Web sites and various types of computing devices to communicate with each other. The stock, which climbed 13% on Wednesday, moved up 12.4% Thursday, or 84 cents a share, to close at $7.63, on the Nasdaq SmallCap market. Starbase acquired privately held Genitor Corp. of Ann Arbor, Mich.
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