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January 23, 1997updated 05 Sep 2016 1:04pm

COMPANY RESULT: BORLAND INTERNATIONAL INC

By CBR Staff Writer

Borland International Inc has reported third quarter net losses of $29.4m, after an $11.9m restructuring charge, against a period including a $679,000 similar charge, on revenues that fell 33.5% to $36.8m. Net losses for the nine months to December 31 were $65.5m, after a $13.0m restructuring hit, against profits last time of $7.8m, including the above hit, on revenues that were down 34.6% at $114.2m.

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