Wang reports revenue

Wang (Billerica, MA, http://www.wang.com

, Nasdaq: WANG) reports Q3 '97 revenue of $315.1 million, which compares with $248.3 million in Q3 '96. A net income of $79.4 million compares with $5 million in Q3 '96. The sale of Wang's software business to Eastman Kodak for $260 million during the quarter resulted in a pretax gain of $187.9 million. Wang's restructuring of its ongoing services business into four global service delivery units resulted in costs of $52.5 million.