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SAGE: RESULTS OKAY
Sage has issued an interim management statement about its financial results since the fiscal year began on October 1. This is one of those reports in which no numbers are given. But the Sage Group did say performance has been “in-line with expectations for the year.”
During the first quarter, the company received about $315.8 million from its sale of Sage Software Healthcare and pumped about $79 million of that into a share buyback program. Chief Executive Guy Berruyer issued a brief statement that says essentially things are going well and the company is keeping an eye on the European economy. There are no descriptions of product or regional performance.
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