Workgroup Technology Corporation, (the PDM system provider) announced its financial results for the third quarter of fiscal year 1999 ended December 31, 1998. For the third quarter of fiscal 1999, WTC reported revenue of $2,183,000 compared with $1,897,000 in the third quarter of fiscal 1998. The net loss for the third quarter of fiscal 1999 was $2,120,000, or $0.25 per share, compared with a net loss of $1,727,000, or $0.21 per share, for the third quarter of fiscal 1998. Revenue for the first nine months of fiscal 1999 was $6,093,000, compared with $5,611,000 for the comparable period one year ago. The net loss for the first nine months of fiscal 1999 was $6,841,000, or $0.81 per share, versus a net loss of $5,437,000, or $0.66 per share, for the first nine months of fiscal 1998. www.workgroup.com
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