Borland has announced its financial results for the third quarter and nine-month period ended September 30, 2002. In a separate release, the company also announced it has expanded and strengthened the management team through the promotion of Frederick A. Ball, formerly executive vice president and chief financial officer (CFO), to the newly created position of executive vice president of corporate development and mergers & acquisitions and the appointment of Kenneth R. Hahn as senior vice president of finance and chief financial officer (CFO).
Revenues and operating income rise in third quarter
For the 2002 third quarter, revenues increased 10% to $60.7 million from $55.0 million for the third quarter of 2001, and license revenues rose 7% to $50.3 million from $47.0 million a year ago. Revenue growth for the quarter reflects Borland's ongoing leadership position in software application development across all major enterprise platforms.
Please click on the link below for the full release and call me on+31 (0)40 235 46 00 or email me if you are interested in speaking to Nigel Brown, general manager and vice-president EMEA at Borland.
Kind regards,
Viviane
http://www.borland.com/news/press_releases/2002/pdf/10_24_02_q32002_earnings.pdf