SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Versant Technology (VSNT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Daniel Chisholm who wrote (432)6/17/1999 2:12:00 PM
From: nanocap   of 477
 
Daniel,

Although financials are not that pretty, recent announcements (alliances with IBM, StellarX and BEA Systems; customers like Ericsson and CSF Thompson, etc.) are pointing in the right direction.

Latest quarter, revenues were up approximately 37% ($6.2 million vs. $4.6 million), product license grew 38% and service revenue grew 35%.

There's no doubt that the Company needs to get its balance sheet back in order, but if current trends continue, look for positive cash flow in the third quarter, with the possibility of making some money by year end.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News