“Applix, Inc…announced its results for the third quarter ended
September 30, 1999. Revenues increased 21% to $14.6 million
compared to $12.0 million for the quarter ended September 30, 1998.
Net income for the third quarter of 1999 was $847,000, or $0.07 per
diluted share, representing a 368% increase from a net income of
$181,000, or $0.02 per diluted share, for the same period in
1998.”
“Revenues for the nine months ended September 30, 1999 were
$41.7 million compared to $36.9 million for the same period in
1998, representing an increase of 13%. Net income for the nine
months ended September 30, 1999 was $1.9 million, or $0.16 per
diluted share, compared to net income of $578,000, or $0.05 per
diluted share, for the same period in 1998. The attached schedule
provides comparative financial highlights for the three and nine
month periods ending September 30, 1999 and September 30,
1998.”