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Intersolv Inc.The parent company of the former...

THE BALTIMORE SUN

Intersolv Inc.

The parent company of the former Sage Software Inc. reported sharply improved earnings in the period that ended April 30.

Rockville-based Intersolv, which markets software, saw its sales skyrocket as it reduced many costs, including those for sales and research.

As a result, the recently merged company finished its fiscal yea in the black. Last year, Intersolv lost $23.3 million.

In March, Rockville-based Sage completed a stock merger wit Index echnology Corp. of Cambridge, Mass.

MA The merger was valued at between $50 million and $55 million.

Three months ended 4/30/92

.. .. ..Revenue.. .. .. .. Net.. .. .. .. .. Share

'92.. ..23,925,000.. .. ..2,226,000.. .. . 0.18

'91.. . 15,661,000.. .. . (22,982,000).. . (2.07)

change +52.8.. .. .. .. .. --.. .. .. .. .. --

Year ended 4/30/92

.. .. ..Revenue.. .. .. .. Net.. ... ... .. Share

'92 .. .79,144,000... ... 5,874,000 .. .. 0.48

.. .$71,846,000.. .. ..(23,275,000).. (2.11)

% change +10.2.. .. .. .. .. --.. .. .. .. .. --

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