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by Diane Himes, MA Editorial Staff Posted on Thursday, January 10, 2008 4:15:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | An early release of the mid-market ERP vendor's fourth-quarter results shows big gains in license revenue and overall sales. |
| Keywords: | Epicor revenue, Epicor financials |
In a marked improvement on its recent performance, mid-market ERP provider Epicor Software Corp. said that it expects to post record software license and total revenue for the quarter ended Dec. 31, 2007, when it announces its financial results on Feb. 5. Fourth-quarter 2007 software license revenue will come in between $36 million and $37 million, the company said, representing a year-over-year increase of 11% to 15% compared with 2006 fourth-quarter license revenue of $32.3 million. Total revenue for the quarter will amount to $115 million to $117 million, up from $104.4 million in the comparable period in 2006. Speaking today at an investors conference in New York, Epicor CEO George Klaus attributed the company's "fantastic" quarter to a solid sales pipeline coupled with a strong close rate. [Click to continue] |
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