TMSSequoia shows Q3 net gain
TMSSequoia (Stillwater, OK, http://www.tmsinc.com
) announces Q3 '97 revenue of $1.4 million, a 24% increase from Q3 '97 results of $1.2 million. Revenue from licensing and royalties increased 33% from $.78 million in Q3 '96 to $1.0 million in Q3 '97. Revenue from contract services declined 14%, from $474,996 Q3 '96 to $408,479 Q3 '97. Net income of $15,257 Q3 '97 compares with Q3 '96's net loss of $121,524.