Company Result: Information Advantage Inc

Computergram International, March 8, 1999

Information Advantage Inc, Eden Prairie, Minnesota-based provider of business intelligence software, has reported fourth-quarter net income of $1.9m on revenue up 35.8% at $20.1m, compared to net income of $374,000 in the year-ago period. For the year, net income was $6.7m on revenue up 40.6% at $70.7m, against a loss of $4.5m last year.

Earnings per share rose to $0.07 from $0.02 for the quarter and were $0.25 for the year. Full-year results include merger-related charges of $6.5m.

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