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by Jeff Moad, MA Editorial Staff Posted on Tuesday, January 30, 2007 8:45:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | On strong software license and consulting revenue growth, the provider of mid-market ERP software reports upbeat fourth-quarter and year-end financial results and predicts more of the same for 2007. |
| Keywords: | Epicor, earnings, fourth quarter, software revenue, mid-market ERP, enterprise resource planning,George Klaus, financial results |
Continuing its recent high-growth run, mid-market ERP software supplier Epicor Software Corp. today reported significant jumps in software license and consulting revenues in its fourth quarter, ended December 31. The company reported $32.3 million in net software license revenues for the period, up 26% compared to the fourth quarter of 2005. Even excluding software license revenue from CRS Retail Systems Inc., which Epicor acquired early last year, the company reported an organic software license revenue gain of 19% compared to the year-earlier period. Epicor also posted unusually strong consulting revenues in the fourth quarter. The fourth quarter's total of $29.3 million was up 44.6% year over year. [Click to continue] |
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