Brio Technology Inc. is reporting revenues of $44.2 million for the fourth quarter of fiscal 2001, which represents an increase of approximately 12 percent from the $39.6 million reported in the comparable fiscal 2000 quarter. Net loss for the quarter ended March 31, 2001, was $623,000 or a loss of $0.02 per diluted share compared to net income of $5.0 million, or $0.16 per diluted share for the quarter ended March 31, 2000. Revenues for the fiscal year ended March 31, 2001, were $150.0 million, up 14 percent compared to $132.0 million for the fiscal year ended March 31, 2000.
"Brio hit its quarter in a very challenging economic environment," says Brio CEO Craig Brennan.
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