Borland has reported disappointing results again, including a third quarter net loss of $29.4 million (#18 million). For its third quarter ended 31 December, revenues were $36.8 million, compared to $55.3 million for the same period the year before. The loss includes restructuring charges and one-time acquisition costs resulting from Borland's acquisition of Open Environment in November. In spite of the results, UK sales and marketing director Nigel Brown said Borland was profitable both in the UK and across Europe as a whole: "In terms of market share, UK developers are more technology-aware than name-aware."
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