At the end of 1995, Indigo sales did not reach the expected levels, and the company had to downsize. Despite a rise in revenues to $165 million, the company posted its fourth year of losses, of about $40 million. However, George Soros and other investors still believed in the company’s potential and increased his investment to 30 percent of Indigo's shares by 1997. By 1998, the company improved its product reliability and performance, and its revenues passed the $200 million mark for the first time.