Siebel Tops Estimates - TheStreet

Siebel Systems

(SEBL)

said it earned 14 cents a share in the third quarter, clearing analysts' expectations.

Analysts anticipated that the company would earn 11 cents a share, according to

First Call/Thomson Financial

.

Siebel, which provides software for businesses, earned $71 million during the period, compared with $27.3 million, or 6 cents a share, in the year-earlier quarter. (The year-ago quarter's results excluded certain items.) Revenue more than doubled to $480.9 million from $208.5 million.

Revenue from licensing fees was $300.4 million, up from $127.7 million a year ago. Revenue from maintenance, consulting and other services reached $180.6 million, compared with $80.8 million a year earlier.