LAVA boasts a 266% revenue increase
LAVA Systems (Toronto, Canada, http://www.lavasys.com
) reports Q3 '97 revenue of $6.6 million, which represents a 266% increase over the Q3 '96 results of $1.8 million. Net income of $333,000 for Q3 '97 compares with Q3 '96's net loss of $174,000. LAVA attributes 82% of its Q3 '97 revenue to software sales.