Actuate Software Corporation Announces 130% Revenue Growth for 1998.

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Actuate Software Corporation Announces 130% Revenue Growth for 1998.

SAN MATEO, Calif.--(BUSINESS WIRE)--Jan. 13, 1999--

Company Reports First Operating Profit in the

Fourth Quarter Driven by Customer Adoption of

Company's Web-Based Enterprise Reporting Solution

Actuate(R) Software Corporation (NASDAQ:ACTU), the leader in web-based Enterprise Reporting, announced today record revenues for the quarter and fiscal year ended December 31, 1998.

Revenues for the fourth quarter of 1998 totaled $7.1 million, an increase of 114% from $3.3 million in revenues for the fourth quar...

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