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by Chris Chiappinelli, MA Editorial Staff Posted on Wednesday, July 26, 2006 7:07:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    After a shaky first quarter, mid-size ERP supplier Epicor righted its ship and reported glowing results for the second quarter of 2006, which closed on June 30. Revenue for the period set a record at $99.5 million, up 40% from the $71 million in the second quarter of 2005. "I remain very bullish about Epicor's outlook for 2006 and beyond," said George Klaus, Epicor's chairman and CEO, in a prophetic announcement at the close of the first quarter. The second-quarter performance gives weight to the company's claim that the first quarter's poor results were anomalous, and that the outlook for Epicor in 2006 remains strong. According to the company's appraisal at the time of their release, first quarter results were hindered by an internal audit that prompted Epicor to change the way it negotiates and contracts with customers. Consequently, the sales force underwent training to conform to the new policies, a distraction Klaus believes drove down sales performance. [Click to continue] |
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