Aladdin reaches profitability in 3rd quarter
updated 04:50 pm EST, Wed November 13, 2002
today announced financial earnings results for third quarter, ended September 30, 2002. The company reported a net income of $336,163 -- or $0.03 per share -- on revenues of $1,943,060, compared with a net loss of $387,102 on slightly lower revenues for the year ago quarter. "Being profitable in this economy is important," said Jonathan Kahn, CEO of the compression software maker, "the combination of the StuffIt and Ten for X product releases helped make the quarter successful."


