Keynote Systems Inc [KEYN], which said it expects to continue to be profitable despite revenue growth slipping, has announced a series of behind-the-firewall performance measurement products it hopes will help drive the business.
The company has introduced a string of new and upgraded services, and a product integration partnership with Hewlett-Packard Co [HPQ] that is hoped will give customers better tools for managing application performance.
Application Perspective is the key product in the new suite. It allows users to monitor the performance of .NET or J2EE applications from data gathered by monitoring agents placed inside or outside the firewall.
The company said that extra tag and trace features, with which users can create test transactions for qualitative performance measurement, become possible when the system is combined with HP’s OpenView testing software.
The system is expected to start creating revenue in the second fiscal quarter at the earliest.
Keynote has reported its fiscal fourth-quarter financial results. During the period to September 30, the company managed to return to profitability, but saw its revenue slip when compared to year-ago numbers.
The company reported a net income of $652,000, compared to a loss of $1.3 million on revenue that was down 2% at $9.5 million. For the fiscal year, Keynote reported a net loss of $4.7 million on revenue up 1% at $38.3 million.
Subscription revenue was down 4%, which it claims was mainly due to a distributor in Germany filing for bankruptcy protection, and the withdrawal of re-seller Cable & Wireless [CWP] from the US market.
However, the firm says it is seeing stabilization in its core revenue streams and has controlled expenses, cutting $20 million a year by laying off 69 people in fiscal year 2003.
This article was based on material originally published by ComputerWire.