Symix Maintains Consistent Profitability Despite Y2K Market Conditions
P.J. Jakovljevic - October 27, 1999

Event Summary

On October 21, Symix Systems, Inc. announced financial results for the first quarter ended September 30, 1999. Total revenue increased 19 percent to $32.1 million, compared with $26.9 million for the same period in the prior year. The Company reported net income of $895,000, or $0.12 per share (diluted), versus $857,000, or $0.12 per share (diluted), for the same period last year. Services revenue for the quarter was $18.7 million, a 51 percent increase from $12.4 million for the same period in the previous year...