Applix reports first quarter results for 1995.WESTBORO Westboro can refer to: Places
Total revenues for the first quarter increased 63% to $6,150,000 from $3,774,000 for the comparable period ended March 31, 1994. Net income for the quarter increased to $958,000 or $0.19 per share versus $105,000 or $0.03 per share for the same period in 1994. "We continue to see good demand for the deployment of Applixware in mission critical applications throughout the world," commented Jit Saxena Saxena is a surname of Anglo-Saxon origin. It derives from the parishes of Saxby, in the counties of Lincolnshire and Leicestershire, England. The surname Saxena is an example of a habitation name, the broad category of surnames that were derived from place names. , president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Applix Applix Inc. is a software company based in Westborough, Massachusetts that publishes Applix TM1, a MOLAP database server, and related presentation tools, including Applix Web and Applix Executive Viewer. Inc. Applix develops, markets and supports Applixware, an integrated family of software applications and tools for "real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. " decision support. Real time decision support refers to the ability to access, analyze an·a·lyze v. 1. To examine methodically by separating into parts and studying their interrelations. 2. To separate a chemical substance into its constituent elements to determine their nature or proportions. 3. and communicate dynamically changing (real-time) information such as stock market data or information from databases. Applixware provides data access applications that enable users to access information simultaneously from a variety of sources, including live data feeds and relational database management systems See DBMS for a shorter list of “typical”, representative database management systems. Open-source software
(application) edit - Use of some kind of editor program to modify a document. Also used to refer to the modification itself, e.g. "my last edit only made things worse". and distribute information on an enterprise-wide basis; and a development tool that enables customers to create and customize applications. -0- Applix Inc. Consolidated Statements of Operations (In thousands, except per share data)
The Three month period ended
March 31,
1995 1994
License revenue $4,645 $3,167 Service revenue 1,505 607
Total revenues 6,150 3,774
Cost of license revenue 496 497 Cost of service revenue 682 372
Gross margin 4,972 2,905
Operating expenses: Selling and marketing 2,829 1,797 Research and development 798 640 General and administrative 476 370
Total operating expenses 4,103 2,807
Operating income 869 98 Interest income (net) 259 7 Net income before tax 1,128 105 Income taxes 170 - Net income $958 $105 Net income per common share $0.19 $0.03 Weighted average number of shares outstanding (a) 4,943 3,303 (a) Proforma weighted average number of shares for 1994 reflects the conversion of preferred stock. CONTACT: Applix Inc., Westboro Patrick J. Scannell Scannell may refer to:
This page or section lists people with the surname Scannell. , Jr. 508/870-0300 |
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