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Intentia Has Been Bleeding For Its Platform Independence
P.J. Jakovljevic - September 15, 2000

Event Summary

As published on the company's Web site on August 16, Intentia International AB, a Swedish provider of enterprise business applications, reported financial results for the second quarter of fiscal 2000. License revenue during the first half of the year increased 17%, while the net revenue for the period grew only 4%. Net revenue for the second quarter declined 8%, as a result of decreased consultancy revenue. Net loss for the second quarter was approximately $14.8 million (See Figure 1)...


 
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