Xionics posts revenues
Xionics Document Technologies (Burlington, MA, Nasdaq: XION, http://www.xionics.com
) announces Q3 '97 revenue of $9.8 million, which represents a 48% increase from $6.7 million in Q3 '96. Net income of $1.50 million compares with $351,000 in Q3 '96. Figures represent results before the one-time charge of $5.4 million for the acquisition of Gesellschaft fur Computer-Anwendung mbH (GCA, Freiberg, Germany), a developer of printer drivers for the multifunction/printer peripheral market.