Catalyst International to Tread Water With SAP Through 2000 Steve McVey - August 30, 2000
Event Summary
Warehouse management system (WMS) vendor, Catalyst International, recently reported fiscal results for the second quarter 2000. Total revenue was $11.1 million, an increase of 7.2% over the first quarter, but slightly less than revenue of $11.5 million for the second quarter of 1999. License revenue decreased by 6.7% from the first quarter of 2000 and fell by an even more alarming 30% from the second quarter of 1999. Services revenue, derived primarily from modifications implemented for clients rose to $6.9 million, a slight increase over the first quarter figure, $6.2 million...
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