YAHOO: Informix Announces Results for Fiscal Third Quarter

Written By
Web Webster
Web Webster
Oct 22, 1998

Revenue was $185.2 million, an increase of 23 percent from the
$150.2 million posted in the year-ago quarter and an increase of 6
percent from the $174.2 million recorded in the prior quarter.
Third quarter net income applicable to common stockholders was
$18.4 million, or $.10 per share….

“We continue to focus on those market segments where we have
competitive advantage, including high-performance on-line
transaction processing, data warehousing and web/e-commerce. I
believe these markets represent very attractive growth
opportunities for Informix.”

During the third quarter, Informix:

— Shipped the first enterprise-quality database solution for
the increasingly popular Linux operating environment.

Complete
story
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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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