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April 3, 1997updated 05 Sep 2016 12:31pm

COMPANY RESULT: MANUGISTICS GROUP

By CBR Staff Writer

Manugistics Group Inc, the Rockville, Maryland supply chain software vendor, reported fourth-quarter net income up 123% at $3.5m on revenue up 65% at $31.7m. Earnings per share for the quarter increased 100% to $0.30. For the year, net income dropped 2.8% to $4.3m, or $0.38 per share, on revenue that increased 52% to $94.7m. The full year figures include a previously announced charge of $3.7m for purchased research and development taken in the first quarter.

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