Timeline Reports Third Quarter Profits of $655,000 or $0.16 Per Diluted Share.
Business Wire (January 31, 2001)
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Timeline Reports Third Quarter Profits of $655,000 or $0.16 Per Diluted Share.
Business Editors
BELLEVUE, Wash.--(BUSINESS WIRE)--Jan. 31, 2001 Timeline, Inc. (OTCBB:TMLN) today reported fiscal third quarter 2001 net income was $655,000 or $0.16 per diluted share compared to a loss of $455,000 or $0.14 per diluted share in the third quarter of fiscal 2000. Growth of 48% in software licensing revenues and a $2 million settlement with Sagent Technology, Inc., resulted in a profitable third quarter. Expenses from continued enforcement of its intellectual property rights and increased costs from two acquisitions completed during the year contr...Try vLex for FREE for 3 days
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