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by Jeff Moad, MA Editorial Staff
Posted on Friday, July 11, 2008 4:52:32 PM Sign Up to receive Daily News Alerts in your E-mail Inbox   | Abstract: | The mid-market ERP provider warns it may fall short of operating margin goals in 2009 despite increasing sales. |
| Keywords: | Lawson quarter, Lawson financials |
Lawson Software Inc. yesterday reported solid revenue growth for its recently ended fourth quarter, although investment losses and restructuring and amortization charges combined to depress the company’s profits.
The ERP company also said the need to continue to invest in internal infrastructure and offshore operations will delay attainment of Lawson’s profit margin goals.
For its fourth fiscal quarter, ended May 31, Lawson reported total revenue of $233 million, up 9% from $212.8 million in the year-earlier period.
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