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Technology / AI and automation

COMPANY RESULT: INFORMIX CORP

Informix Corp has reported second quarter net profits up 7.1% at $21.6m on revenue up 37.9% at $226.3m; mid-term net fell 0.8% to $37.5m after a $5.9m charge arising from acquisition of Illustra Information Technologies Inc, on revenue up 37.9% at $ 430.3m. Net per share, flat at $0.14 in the quarter, fell 8% to $0.24 in the half. Comparisons are with figures restated to reflect the acquisitions of Stanford Technology Group and Illustra.

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CBR Staff Writer

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