Cincom Posts Q3 '97 Financial Results

Cincom Systems reports Q3 '97 financial results. Revenue of approximately $50 million compares with Q3 '96 revenue of $46 million. The company realized a profit of $5.7 million, up from $4.8 million in Q3 '96. Software license revenue and new business both increased 30% from Q3 '96. During the quarter Cincom signed contracts with DuPont

(Wilmington, DE), GMAC (Detroit), Lockheed-Martin (Bethesda, MD), Qualcomm (San Diego) and Lucas Aerospace (Utica, NY).