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Logility Storms Through Q1

Posted on Monday, September 10, 2007 5:04:00 PM       Sign Up to receive Daily News Alerts in your E-mail Inbox                            Digg This Article   Add to Delicious

Abstract:Global sourcing trends continue to buoy supply chain software company's financial performance.
Keywords:Logility, supply chain software, Voyager, global visibility, sales and operations planning, demand planning, agile supply chain
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Logility, Inc. continued to ride the supply chain gravy train to substantial first-quarter year-over-year increases in sales and earnings, although the numbers were slightly off from record numbers in the fiscal 2007 fourth quarter.

The provider of collaborative supply chain planning products reported total revenue of $12 million for the quarter ended July 31, 2007, up 25% from nearly $10 million in the first quarter of fiscal 2007, but down roughly 5% sequentially from $12.7 million.

Software license fees totaled $4.7 million, a 42% increase from $3.3 million in the first quarter a year earlier, but down almost 18% from $5.7 million in the fourth quarter.

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