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by Chris Chiappinelli, MA Editorial Staff
Posted on Monday, July 31, 2006 5:12:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    Mid-market ERP provider Exact Holding N.V. reported that revenue climbed 16% in the first half of this year, contributing to an earnings spike of 31% compared with the like period of 2005. For the first six months of 2006, the Netherlands-based company logged revenue of €118.3 million compared to €101.6 million in the same period of 2005. All of Exact's revenue lines moved up year over year, but the standout was service revenue, which surged 50% from €16 million in the first half of 2005 to €24 million in the first half of 2006. License revenue climbed 15%, from €28.1 million in 2005's first half to €32.4 million in the same period this year. While it is still the smallest of Exact's three geographic markets -- which also include the Netherlands and international markets -- North America gave the company its biggest percentage increase in revenue in the period, logging €30.1 million in the first half, up 23% from its €24.5 million contribution in the first six months of 2005. [Click to continue] |
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