Documentum has record revenues
Documentum (Pleasanton, CA, Nasdaq: DCTM, http://www.documentum.com
) announces record revenues for Q1 '97. Revenue of $15.0 million represents a 73% increase over $8.7 million reported in Q1 '96. Fiscal results for Q1 '97 include a $5 million contract for product licenses, the largest single transaction to date for the document management solution provider. Net income of $1.1 million compares with $532,000 in Q1 '96.