Borland has released its financial statements for the third quarter, with the first profit in some time. CodeGear has made 1.7 million dollars out of revenues of 12.5 millions. The real news is that the rest of the company lost very little money in this quarter, so the the overall Borland corporation could post a profit, the first in quite some time. This is certainly good news.
What I like though, is the overall stability of CodeGear, with revenues at 14.1 - 13.6 - 12.5 millions in the three quarters 2007 and earnings at 1.9 - 1.3 - 1.7 millions. Well done. Anyone interested in buying/investing in this focused and profitable company?