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by Emily-Sue Sloane, MA Editorial Staff
Posted on Tuesday, July 31, 2007 5:39:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | Exact reports gains despite adverse currency conversions and Lawson reports strong year-end numbers. |
| Keywords: | Mid-market ERP, software for SMBs, Lawson, Intentia, Exact Software, ERP, on-demand ERP, financial results
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Two mid-market ERP providers reported quarterly earnings late last week, with results that painted a mixed picture of recent and future performances. Exact Holding N.V. reported a 2.5% revenue increase to €121.3 million in the first half of 2007 from €118.3 million in the first half of 2006. Negative foreign exchange rates stripped the company of €2.6 million, while revenue from acquisitions poured almost that much back into the company's coffers, contributing €2.5 million. The company said it achieved organic revenue growth at constant currencies of 2.6%. The first-half numbers were buoyed by the performance of the e-Synergy Web-based collaboration product, which was up 17% from the year-earlier period and represented 11.5% of total revenue. Overall license revenue increased by 7.1% in the first half to €34.6 million. The company said most of the license sales were in its home Netherlands market and the Europe-Middle East-Africa (EMEA) region. Maintenance revenue grew just 0.6% year over year, while services revenue inched up 1.4%. [Click to continue] |
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