Software license revenues for fiscal year 2000 totaled $210.7 million.
On a pro forma basis, total revenues for the fourth quarter of fiscal 2000 were a record $158.4 million compared to $146.9 million for the same period last year. Software license revenue in the fourth quarter was a record $63.1 million or a 50% increase compared to the $42.0 million reported for the same period last year. Services revenue in the fourth quarter was a record $66.3 million compared to the $55.9 million for the same period last year. Platform revenues were $29.0 million in the fourth quarter versus $49.0 million for the same period last year.
Pro forma net loss for the fourth quarter of 2000, excluding the gains from the sale of marketable equity securities, was $2.2 million, or $0.04 per share. This compares with a pro forma net income of $4.1 million in the fourth quarter of 1999, or $0.08 per share. In the fourth quarter of 2000, the company realized net after-tax gains of $2.0 million, or $0.04 per share arising from the sale of marketable equity securities.
I am pleased with the positive strides we have taken this quarter from both a sales and an operational perspective, said Beatriz Infante, Aspect president and CEO. In the face of economic uncertainty, we have achieved record quarterly revenues and record software license revenues. We are focused on one very clear objective for 2001, driving profitable growth. While the next few quarters could be impacted by the softness of current economic conditions, I feel that we are well positioned to execute successfully in the coming year. I continue to be confident in the company’s long-term profitable growth opportunity, driven by our rapidly growing software business.
Pro forma gross margin for the fourth quarter of 2000 was $85.3 million, or 53.9%. This compares to $80.8 million, or 55.0% in the fourth quarter of 1999.
Pro forma operating expenses for the fourth quarter of 2000 were $89.0 million, an increase of 19% from the fourth quarter of 1999. The increase was due primarily to the aggressive expansion of the company’s salesforce and acquisition activity during the fiscal year.
Pro forma gross margin for the fiscal year was $311.2 million, or 52.7%. This compares to $250.8 million, or 51.3%, for fiscal 1999.
Pro forma operating expenses for the fiscal year were $320.0 million. This compares to $270.4 million for 1999.
For the full fiscal year 2000, pro forma net loss, excluding the gains from the sale of marketable equity securities, was $4.5 million, or $0.09 per share. This compares to a pro forma net loss of $14.2 million, or $0.29 per diluted share for fiscal 1999. During fiscal 2000, the company realized a net after-tax gain of $12.4 million, or $0.24 per share, arising from the sale of marketable equity securities.
Cash, cash equivalents and marketable equity securities totaled $181.0 million as of December 31, 2000. During the quarter, the company used approximately $4.2 million to repurchase 350,000 shares of its common stock and $5.0 million for milestone payments related to a previous acquisition.
