Prodware does not report earnings with the initial revenue report--profit will be reported later. SaaS comprised 14 percent of revenue for the quarter, up 13 percent over the year-ago quarter. Publishing revenue of $13.8 million was unchanged from a year earlier. Revenue from integration services was roughly $21.9 million, a rise of 2 percent. Prodware said that was “driven in particular by the successful roll-out of the Microsoft Dynamics 365 platform.” The French-speaking zone, which includes countries in Africa, had revenue of approximately $17.4 million, just under 1-percent less than a year earlier. The company said that represented a slowing of the decline from the fourth quarter. International sales were about $23.5 million, an increase of 5.4 percent over the first quarter a year earlier, affected by what was described as “a sharp rebound of sales in Benelux, as well as momentum in Spain.”
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PRODWARE REV RISES 2.7 PERCENT Featured
Revenue for the Prodware Group rose to approximately $41.3 million for the first quarter ended March 31, a 2.7-percent increase over last year’s corresponding period. The France-based Dynamics and Sage reseller said this week SaaS revenues were about $5.6 million in the most recently ended period, an increase of 10.5 percent from a year ago.
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