Sterling Software
reported quarterly revenues of $126 million, up 9 percent
from a year earlier. The company reported net profits of $13.7
million for the quarter after taking a charge for
discontinued operations. Meanwhile, electronic commerce company Sterling Commerce, which was spun off
from Sterling in an IPO, reported fourth-quarter revenues of $80.3 million,
up 33 percent over last year. Earnings reached $18.1 million, up from $13.7
million a year ago.
Short Take: Sterling reports higher revenues
Sterling Software reported quarterly revenues of $126 million, up 9 percent from a year earlier. The company reported net profits of $13.7 million for the quarter after taking a charge for discontinued operations. Meanwhile, electronic commerce company Sterling Commerce, which was spun off from Sterling in an IPO, reported fourth-quarter revenues of $80.3 million, up 33 percent over last year. Earnings reached $18.1 million, up from $13.7 million a year ago.
Discuss: Short Take: Sterling reports higher revenues
Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.