Alameda, CA--November 19, 1996--Wind River Systems Inc. (Alameda, CA) reported operating results for the third quarter ended Oct. 31, 1996.
Revenues for the third quarter were $16.6 million, an increase of 46 percent from the $11.4 million reported in the third quarter of the previous year. Net income for the quarter was $3.46 million compared to net income of $1.54 million for the corresponding quarter of the previous year, an increase of 125 percent. Earnings per share grew from $0.10 in the third quarter of last year to $0.19 this year, an increase of 90 percent. Weighted average shares outstanding, used in the computation of earnings per share for the current and previous years, were 18.66 million and 15.68 million, respectively.
Total revenues for the nine month period ended Oct. 31, 1996, of $44.2 million represent a 46 percent increase from revenues of $30.2 million in the same period of fiscal 1996. Net income for the first nine months of this fiscal year was $7.02 million compared to $3.41 million for the same period last year, an increase of 106 percent.
Wind River Systems
De Anna Mekwunye
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