Results may herald recovery at Iona

Results may herald recovery at Iona

An excellent set of results in Iona’s third quarter that included revenues 10 per cent ahead of expectations has prompted the market to question whether the firm has finally turned the corner.

It’s a question that has been asked before; in fact, it’s a question that has arisen time and again. So what is different this time around, following the announcement last week of a set of results that were the third best in Iona’s history?

Iona’s Artix product has for some time been the company’s great white hope. With the market for core product CORBA declining year on year, Iona’s hope s of...

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