Intergraph reports Q2 earnings

Intergraph (Huntsville, AL, Nasdaq: INGR, http://www.intergraph.com

) reports Q2 ’97 revenue of $218 million, a 17% increase over $186.3 million reported in Q2 ’96. A net loss experienced during Q2 ’97 totaled $289 million, which compares with a net loss of $268 million in Q2 ’96. Included in Q2 ’97’s net loss is a one-time cost stemming from an adverse arbitration award.