The GAAP figures reflect adjustments to acquired revenue. The SEC filing does not provide actual revenue or any other analysis of quarterly results or the subject of the talks with the financial institutions. However, Infor, although privately held, has been releasing its financials during the last year.
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INFOR PREVIEWS 2Q GROWTH Featured
Pro forma software license growth for the second quarter ended November 30 is expected to be 8 percent to 9 percent greater than last year, Infor said this week. The software company made the statement in an SEC filing, reporting that CEO Charles Phillips had issued the guidance in a conference call with banks and financial institutions that are existing or potential lenders. Phillips also said GAAP license revenue for the most recently end period is expected to be 11 percent to 12 percent higher than a year earlier.
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