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by Emily-Sue Sloane, MA Editorial Staff Posted on Friday, December 14, 2007 4:40:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox   | Abstract: | Following a restructuring of its manufacturing business, the enterprise applications provider rides SAP's coattails to a Q4 gain. |
| Keywords: | Fourth Shift for Business One |
Continued year-over-year revenue improvements carried enterprise software provider SoftBrands, Inc. into the black in the fourth quarter, ended Sept. 30, 2007, and whittled down its full-year net loss. Fourth-quarter revenue of $23.3 million was up 23% from $19 million a year earlier,. Of that total, the company's manufacturing business contributed $12.5 million, about even with the prior-year period. Net income was $1.8 million, reversing a $17 million loss the year before. Operating income in the quarter was $2.5 million — the highest in the company's history — reversing an operating loss of $12.3 million in the fiscal 2006 quarter. [Click to continue]  |
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