Ardent Software Reports Record Financial Results On Continued Strong Data Warehouse Revenue Growth; Pro Forma Earnings Increase 64%.
Business Wire › October 18, 1999
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Ardent Software Reports Record Financial Results On Continued Strong Data Warehouse Revenue Growth; Pro Forma Earnings Increase 64%.
WESTBORO, Mass.--(BUSINESS WIRE)--Oct. 18, 1999--
Ardent Software, Inc. (Nasdaq: ARDT), a leading global data management software company, today announced record financial results for its third quarter ended September 30, 1999. Total revenues for the third quarter increased 53% to $45.3 million from $29.7 million in the same quarter of 1998. Data warehouse revenues increased 309% to $19.2 million in the third quarter of 1999 as compared to $4.7 million in the third quarter of 1998. Pro forma dilut...See the full content of this document
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