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  • April 14, 1997
  • News

Excalibur Technologies shows increase

Excalibur Technologies (Vienna, VA, Nasdaq: EXCA, http://www.excalib.com

) reports Q4 '96 revenue of $6.1 million, an increase of 6% from $5.8 million in Q4 '95. A net loss of $1.4 million compares with net income of $110,000 in the fourth quarter of the last fiscal year. The software solutions provider saw dramatic growth in the sale of Excalibur RetrievalWare during the quarter--product revenue represented 71% of total product revenue for Q4 '95 and grew 295% from Q4 '95 figures.
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