Article: Inet Technologies Reports Third Quarter Financial Results; Company's Cost Management Strategy Results in Profitable Quarter While Maintaining Strong Balance Sheet.

Business Editors

RICHARDSON, Texas--(BUSINESS WIRE)--Oct. 11, 2001

Inet Technologies, Inc. (NASDAQ:INTI), a leading global provider of communications software solutions for next-generation networks, today reported financial results for its third quarter ended September 30, 2001.

Revenues for the three months ended September 30, 2001 were $25.4 million versus revenues of $41.4 million in the third quarter of 2000. The Company reported net income of $869,000, or $0.02 per diluted share, for the third quarter of 2001, compared to net income of $10.1 million, or $0.22 per diluted share, for the same period last year.

"I commend the Inet ...

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