Over the last year, Ardent Software (NASDAQ: ARDT) has announced a number of initiatives to strengthen their DataStage data warehousing product, most recently a partnership with NEON Systems (NASDAQ: NESY), a provider of OS/390-MVS mainframe access through their NEON Shadow Direct middleware. On October 18, Ardent reported record financial results for their third quarter ended September 30, 1999. Pro forma earnings were reported to have increased 64%. Total revenues for the third quarter increased 53% to $45.3 million from $29.7 million in the same quarter of 1998.
overall equipment efficiency oee initiatives
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