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 : Saville Systems (SAVLY) -- Ignore unavailable to you. Want to Upgrade?


To: B Hewson who wrote (89)4/5/1998 2:20:00 PM
From: chirodoc  Respond to of 261
 
old news: still, great sales growth

Total revenue increased 93.8% from $14.7 million in the three months ended September 30, 1996 to $28.6 million in the three months ended September 30, 1997, and increased 97.3% from $37.6 million in the nine months ended September 30, 1996 to $74.2 million in the nine months ended September 30, 1997. Both services and license fees revenue increased as described below.

Services revenue increased 87.3% from $12.1 million in the three months ended September 30, 1996 to $22.6 million in the three months ended September 30, 1997, and increased 88.9% from $31.3 million in the nine months ended September 30, 1996 to $59.2 million in the nine months ended September 30, 1997. The increase was attributable primarily to additional development services for existing clients in both the AS/400 and UNIX development environments and, to a lesser extent, initial customization services for new clients, including requirement definitions.