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Short Take: Iona posts record revenues

Object software maker Iona Technologies reported that its revenues jumped 125 percent, to $12.9 million, for its third quarter, ended September 28. Net income reached $1.9 million, or 10 cents per share, versus a loss of $1.0 million one year ago. The company makes object request broker software, a key ingredient of component-based networked computing applications.

Object software maker Iona Technologies reported that its revenues jumped 125 percent, to $12.9 million, for its third quarter, ended September 28. Net income reached $1.9 million, or 10 cents per share, versus a loss of $1.0 million one year ago. The company makes object request broker software, a key ingredient of component-based networked computing applications.