Short Take: FTP Software reports weak earnings

FTP Software released results for its fourth quarter and year ended December 31, 1997. Revenues from continuing operations for the fourth quarter were $14.4 million, drastically lower than the fourth-quarter results reported for 1996, in which revenues were posted at $26.2 million. The company also reported a fourth-quarter loss of $1.5 million, or 5 cents per share, compared with the previous year's loss of $6.8 million, or 20 cents a share.

Dawn Kawamoto Former Staff writer, CNET News

Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.

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Dawn Kawamoto

Jan. 29, 1998 3:50 p.m. PT

released results for its fourth quarter and year ended December 31, 1997. Revenues from continuing operations for the fourth quarter were $14.4 million, drastically lower than the fourth-quarter results reported for 1996, in which revenues were posted at $26.2 million. The company also reported a fourth-quarter loss of $1.5 million, or 5 cents per share, compared with the previous year's loss of $6.8 million, or 20 cents a share.