Here are the earnings numbers.. This group is
awfully quiet.
-SANTA CLARA, Calif., Jan. 29 /PRNewswire/ -- Edify Corp today reported that it achieved record revenues
for the fourth quarter and year ended December 31, 1996.
Revenues for the quarter were $11.2 million, an increase of 109 percent as compared to $5.4 million for
the same 1995 period. Net income for the quarter was $259,000, or $0.01 per share, as compared to net
income of $310,000, or $0.02 per share for the fourth quarter of 1995.
Revenues for the year ended December 31, 1996 were $33.0 million, an increase of 106 percent as
compared to $16.0 million for 1995. Net loss for the year was $755,000, or $0.05 per share, as compared
to a net loss of $104,000, or $0.01 per share, for 1995.
"Our strong growth in revenue reflects continued high demand for Web/Intranet and telephony self
service applications from both new and existing customers," said Jeffrey M. Crowe, President and CEO,
Edify Corporation. "We have been especially pleased with the enthusiastic market reception for our new
self service application products, aimed at the financial services and human resources markets, which we
introduced this year."
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