Sunday, June 29, 2003 1:50:06 PM
Infodata Systems Inc. designs, develops and delivers solutions that enable enterprises to share, maintain and retrieve electronic documents and their components. For the three months ended 3/31/03, revenues fell 23% to $2.3M. Net income totaled $174 thousand, vs. a loss of $138 thousand. Revenues reflect reduced service revenues from commercial and intelligence customers. Net income reflects a shift in sales mix to higher margin products.
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