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by Stephanie Neil, MA Editorial Staff
Posted on Friday, August 19, 2005 5:04:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox   | Abstract: | Mid-tier ERP vendor posts net earnings of $3.8 million on revenues of $58 million, up from the prior quarter and like period last year. |
Mid-market ERP vendor QAD Inc. yesterday announced healthy fiscal 2006 Q2 results and is once again growing its top line after hitting a rough patch earlier in the year. Overall licensing, maintenance and services revenues were up for the company's second quarter which ended July 31, with much of the uptick stemming from nine customer orders including an Asia Pacific deal with an unidentified automotive supplier worth more than $5 million. Company executives, encouraged by the market opportunity, said they are now actively growing the global sales force and creating a flexible business model that shadows manufacturing trends. [Click to continue]  |
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