Net income at QAD higher after double digit increases in revenue
IN THIS ARTICLE
- Earnings Topic
- Staff Report Author
By Staff Report Wednesday, May 30th, 2018
After a year of revenue gains and earnings losses in 2017, double digit increases in revenue for QAD drove positive net income for its first quarter ended April 30. The company reported a net income of $1.4 million, or 7 cents per share, on revenues of $86.2 million, up 21 percent, including $3.2 million recognized…