Ross Systems Inc. (Nasdaq: ROSS), a provider of enterprise management software and e-business solutions, says it expects a profit of 20 cents diluted earnings per share on revenues estimated to exceed $11.4 million for its first fiscal quarter of 2003, which ended Sept. 30.

The quarter’s results reflect positive operating earnings, which further improved over the sequential quarter, Ross says. Software license revenue improved 17 percent over the prior year’s same quarter and 3 percent over the sequential quarter, while expense improvements resulted in further improvement in both operating margins and net earnings.

Ross stock closed at $7.23, down some 3 percent from the previous day’s close of $7.48. Earlier in the day, the price reached as high as $7.67. The 52-week range is $2.40 to $12.

Listed on the Nasdaq since 1991, Ross supplies solutions designed specifically for food and beverage, life sciences, chemicals, metals, natural products and other process manufacturers. The Atlanta-based company has more than 25 offices around the world to serve its customers.

Ross Systems Inc.: