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Industri-Matematik Posts 2Q00 Loss But Sells CRM
Steve McVey - December 8, 1999

Event Summary

Stockholm-based supply chain execution (SCE) vendor Industri-Matematik recently reported results for its second fiscal quarter, which ended on October 31, 1999. Total revenues were $18.3 million, a decrease of 21% over the same quarter last year. License revenues accounted for just over $1.0 million and service revenues contributed $16.9 million to the total. Net earnings were negative at $6.9 million, giving IMI its sixth consecutive quarterly loss...


 
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