BETWEEN THE LINES - WatersTechnology.com

WatersTechnology Staff
23 Oct 1998

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SALES AND EARNINGS CLIMB FOR ADVENT

Advent Software reported a third quarter revenue increase to $18.6 million, up 44 per cent from the same period last year. During the third quarter net income rose 53 per cent to $3.1 million. Through the first nine months of 1998, net income was $2.7 million, while revenue increased to $49.4 million. The fiscal results included a one-time, acquisition-related write-off in the second quarter.

SEC APPROVES Y2K TEST RULE

The Securities and Exchange Commission

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