A strong fourth quarter helped push Sequent to record annual profits and 40 per cent revenue growth for its fiscal 1997 ended 3 January.
Revenue for the year grew to $833.9 million while net profit was up to $38.7 million, a fivefold increase on the $7.8 million achieved in 1996. The fourth quarter contributed $259 million to revenue and nearly half the profit.
Sales of Numa servers were the primary contributor to the rapid financial growth, providing over 50 per cent of sales in the first half of the year and becoming nearly all of the new server orders by the fourth quarter.
IDC has credited the company with being the fastest growing mid-range vendor for 1997 in the $100,000 to $1 million category in its annual report on the server market, preliminary findings for which were released this week.
John McAdam, president and chief operating officer, said Numa servers were increasingly being used in the data centre and offered a future-proof route for migrating from legacy systems.
"For customers planning a move to open systems, this presents a major dilemma: Unix or Windows NT? In the second half of 1998, we will effectively eliminate this dilemma by enabling data centre users to run both Unix and Windows NT applications on a single Numa-Q system with shared resources," he said.
Revenue from the growing services arm also grew significantly, particularly driven by the increase in orders for large scale computing systems.
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