PARIS and SUNNYVALE, California, April 30 /PRNewswire/ --
ILOG(R) (Nasdaq: ILOG; Euronext: ILO, ISIN: FR0004042364) today announced its results for its fiscal third quarter ended March 31, 2008 with revenues of US$46.1 million compared with revenues of US$40.0 million in the same quarter last year. U.S. GAAP earnings per share (EPS) for the third quarter were US$0.01 (diluted) compared with a diluted EPS of US$0.04 for the third quarter last year.
"The strength of our business model, which relies on geographic and channel diversity, helped license revenue growth in Europe, but was not enough to offset the impact of the U.S. economic slowdown on the sales cycles in this region," said ILOG Chairman and CEO, Pierre Haren.