View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 24, 1997updated 05 Sep 2016 1:08pm


By CBR Staff Writer

Spatial Technology Inc, the Boulder, Colorado developer of three-dimensional modeling software which went to the market with an initial public offering at the end of last year (CI No 3,004), has reported a second quarter net loss of $804,000 including a charge of $405,000 for restructuring, severance costs and other write-downs, compared with a profit of $125,000 last time, on revenue down 15% at $2.18m compared with $2.65m last time. It says license revenue declined 32% at $0.95m from $1.4m last time, but says it’s added 13 royalty-paying customers in the last six months. It now has 35. It claims 50 developers using its products and 750,000 end users. Spatial’s about to unveil version 3.0 of its ACIS 3.0 3D modeling toolkit for CAD/CAM developers.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.