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October 15, 1998

COMPANY RESULT: VERITAS SOFTWARE CORP

By CBR Staff Writer

Veritas Software Corp, the Mountain View, California-based storage management company, has reported third quarter net profits up 87.0% at $12.6m on revenues up 90.6% at $45.8m; nine- month net profits rose 188% to $30.2m on revenues up 68.4% at $143.7m. Net earnings per share rose 84.6% to $0.24 in the quarter, up 181% to $0.59 in the nine months.

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