Seagull Software Shows Growth in First Half of Fiscal 2007
November 27, 2006 Timothy Prickett Morgan
Seagull Software, the Dutch supplier of development tools and middleware for the OS/400 and i5/OS platform, reported its financial results for the first half of fiscal 2007 ended October 31. While sales increased significantly in the period, expenses pushed down operating and net profits. Seagull says that for the half-year period, it booked sales of $15.7 million, up 16 percent from the first half of fiscal 2006. Software license sales rose to $6.8 million, up 15 percent from the $5.9 million level from a year ago, while maintenance and other services sales were $9 million, up 17 percent from |