Intentia Possibly Seeing Daylight
P.J. Jakovljevic - November 22, 2000

Event Summary

On October 24, Intentia International AB, a Swedish provider of enterprise business applications, reported financial results for the third quarter of fiscal 2000. License revenue increased 46% over the third quarter of 1999, and 23% for the first nine months of the year. The figure represents the most rapid growth in license revenue for a single quarter since the third quarter of 1998. However, consultancy revenue continued to hold back total revenue by declining 9% from the same quarter in 1999. Net income for the quarter was significant, $19.7 million (See Figure 1)...