Sybase recovery continues with positive Q3 revenues

NEWS Boosted by last year's expansion into financial services, wireless and mobile, and enterprise portals, revenue jumped to $239.1m, compared with $216.1m for the third quarter of 1999. Earnings per share reached 30 cents, a 5 cent jump on analyst predictions. Overall net income rose 40 per cent on last year, to $26.7m. With acquisition and restructuring charges, accounted-for net income was $16.5m, compared to $16.1m a year ago.