Company Makes Good On B2B Collaboration
Steve McVey - March 8, 2000

Event Summary

Business-to-business collaborative planning software company, Logility recently announced financial results for the third quarter ended January 31, 2000. Corporate revenue growth achieved its highest level since a decline that began in the first quarter of fiscal 1999 (Figure 1). Although software license fees at $3.9 million dropped 3% from those reported in the second quarter, they represented a 59% improvement over the same period last year. Services and maintenance revenues were $8.5 million, a 16% improvement over the comparable period last year. Most notably, Logility generated a net profit of $1.2 million for the quarter, its fifth consecutive positive earnings...