Visio fourth quarter revenues rise to £29.5m

Visio, the business and technical drawing software company which employs over 120 people at its international headquarters in…

Visio, the business and technical drawing software company which employs over 120 people at its international headquarters in Dublin, has reported a 41 per cent increase in fourth quarter revenues to $44.2 million (£29.5 million) from $31.4 million last year. Net income for the year, excluding pre-tax acquisition related charges of $9.3 million, was $35 million compared to net income of $21.3 million for fiscal 1997, excluding pre-tax acquisition related charges of $10.3 million.