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DRA announces third quarter results

Library Systems Newsletter [September 1998]


DRA ended the third quarter of its fiscal year on June 30, 1998. It reported that revenues for the quarter were $8.3 million, down from $8.7 million for the third quarter of the previous fiscal year. Earnings were $973,000, down slightly from $1 million for the third quarter of the previous fiscal year.

Software revenues were up 26 percent, but hardware revenues fell 43 percent, as an increasing number of customers purchased hardware separately.

The company announced that UCLA staff underwent training for Taos, DRA's next-generation product, in June. The new system is scheduled to go live by late September. Other sites are expected to go, live over several subsequent months.

[Contact: DRA, 1276 North Warson Road, St. Louis, MO 63132, telephone 800-325-0888, fax 314-993-8927, URL: www.dra.com].

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Publication Year:1998
Type of Material:Article
Language English
Published in: Library Systems Newsletter
Publication Info:Volume 18 Number 09
Issue:September 1998
Page(s):67
Publisher:American Library Association
Place of Publication:Chicago, IL
Notes:Howard S. White, Editor-in-Chief; Richard W. Boss, Contributing Editor
Company: Data Research Associates, Inc.
ISSN:0277-0288
Record Number:5791
Last Update:2021-11-17 12:27:41
Date Created:0000-00-00 00:00:00