Computron records over 50% increase
Computron Software (Rutherford, NJ, Nasdaq: CTRN, http://www.ctronsoft.com) announces Q1 '97 revenue of $16.8 million, an increase of more than 50% from $7.7 million in Q1 '96. A net loss of $2 million compares with a loss of $8.1 million for the same period last year. John Rade, the software solution provider's CEO, attributes the results, in part, to new contracts and restructuring in the organization.