Revenues fell to €5.8 million ($7.2 million), from €8.7 million during the same quarter a year ago.
Lion's net loss for the quarter narrowed to €6.3 million, from €21.8 million in the same period in 2002.
As of Dec. 31, Lion had cash, cash equivalents, and marketable securities of €48.1 million.
Differences from its preliminary earnings figures, published on Feb. 4, result mainly from currency fluctuation effects, according to the company.
Lion also restated its results for prior fiscal years, reflecting a change in revenue recognition. Under its new accounting practice, the company recognizes revenue from software licenses ratably over the term of the contract, rather than upon delivery of the software.
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