Iona reports signs of recovery in tech sector

Irish integrated software provider Iona has announced third quarter revenues of $17.4 million and a net loss $0.06 per share.

Irish integrated software provider Iona has announced third quarter revenues of $17.4 million and a net loss $0.06 per share.

Iona's chief executive Mr Chris Horn said he was pleased the third quarter results and added that the company is seeing a growing interest in the market for its integration solutions.

The company said it expects revenue for the fourth quarter of 2003 to increase 5 - 15 per cent on that achieved in the third quarter.

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