Infodata reports third quarter results

Infodata Systems (Fairfax, VA, INFD

) reports that revenue for the third quarter increased approximately 22% compared to the same quarter last year, from $2.5 million to $3.1 million. The document sharing software product and service provider’s net loss for the quarter was $726,000, compared to net income of $169,000 for the same quarter last year. The results represent a reduction from a loss of $973,000 in the second quarter of 1997.