EARNINGS!!!! EXCELLENT...RECORDS SET...
This should perk up some interested parties in the am.
Net income for the third quarter was US$1,018,000, which is $0.06 per share(basic) compared to a net loss of $3.5 million, or a loss of $0.20 per share, for the year-earlier quarter.
For the ninth consecutive quarter, Open Text reported the highest quarterly total revenues in the company's history. Total revenues for the quarter were US$11.8 million, up 21 percent from the $9.8 million reported for the second quarter, and up 93 percent from $6.1 million for the year-earlier period.
And the license revs are cooking too.
License revenues for the quarter ended March 31, 1998 were $7.6 million, up 102% compared with $3.8 million for the third quarter of fiscal 1997.
Like I have been saying, the money is in the INTRAnet...
And they are doing a great job. Tons of cash in the bank as well.
And with the new program to compete with the medical applications of DCTM (which they have had a big advantage in) the year is looking strong.
chris |
