Fourth Shift Tightens Belt To Weather The Drought
P.J. Jakovljevic - November 14, 2000

Event Summary

On October 17, Fourth Shift Corporation (NASDAQ: FSFT), an application software vendor for small-to-medium enterprises (SME), reported operating profit of $115,000 for the third quarter ended September 30, 2000. After non-operating expenses this resulted in a $.01 loss. Compare this to an operating loss of $3.6 million in the previous quarter and to a net profit of $0.4 million a year ago. Total revenue for the quarter was $14.9 million compared to $16.5 million a year ago (~10% revenue decrease)...