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October 8, 1998

COMPANY RESULT: CLARUS CORP

By CBR Staff Writer

Clarus Corp, Atlanta-based provider of financial and human resource applications formerly known as SQL Financials, has reported third-quarter net income of $1.1m on revenue up 56.9% at $11.9m, against net income of $40,000 a year ago. Nine-month net income was $1.1m on revenue up 75.1% at $30.7m, compared to a loss of $4.4m last year. Earnings per share were $0.11 for the quarter, up from $0.01 a year ago, while nine-month earnings per share were $0.13. Nine-month results included a one-time stock option charge of $705,000.

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