Platinum Technologies continued to sink further into the red for its first six months as a result of restructuring in its second quarter and an increase in other operating costs such as sales and marketing. For the six months ending 30 June, the software supplier turned in losses of $104.2 million, after a one-off restructuring charge of $57.3 million, compared with losses of $29.8 million last time. Revenues grew 28 per cent to $252.1 million. The company claimed, however, that the figures had exceeded analysts' expectations, although it declined to say what they were.
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