Borland's quarterly results: good

Borland has announced its fourth profitable quarter since the company refocused on software development tools a year ago.

The company has reported income of US$8 million on revenue of US$62.9 million, compared with a loss of

US$51 million on revenue of US$55.5 million a year ago.

The earnings report is better than analyst expectations. For fiscal 1996, Borland has reported income of US$14.3 million on revenue of US$215.2 million, compared with a US$12.2 million loss on

revenue of US$254.1 million in 1995.

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