SEEC Announces a 278% Increase in Second Quarter Revenues
PITTSBURGH, Oct. 29 /PRNewswire/ -- SEEC, Inc. (Nasdaq-NM: SEEC) today
announced record revenues of $2,413,000 for the second quarter of fiscal 1998, an increase of 278% over revenues of $638,000 in the second quarter of fiscal 1997. Revenues for the first six months of fiscal 1998 increased by 340%, to $4,790,000, from $1,089,000 for the same period last year. Revenue growth was driven by software license and maintenance fees, which increased by 515% and 789% for the second quarter and first six months of fiscal 1998, respectively, over the same periods last year. |
