PALO ALTO, Calif. - Cats Software Inc., a developer of risk management systems for derivatives traders, last month reported higher second-quarter profits and revenues.

The company said it had net income of $920,000, or 14 cents per share, a 50% increase from the year-earlier period. Earnings were in line with most analysts' forecasts, according to First Call Corp.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.