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Technology / AI and automation

COMPANY RESULT: CAYENNE SOFTWARE INC

Cayenne Software Inc, Burlington, Massachusetts supplier of modeling, database design and development tools, has reported third-quarter net income of $61,000 on revenue down 14% at $11.3m, against a loss of $6.9m a year ago. On a per-share basis, quarterly results were break-even after dividend payments. Nine- month net loss was $1.7m on revenue down 15% at $36.4m, down from a loss of $13.4m last year.

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CBR Staff Writer

CBR Online legacy content.