The company did not directly address the cause of the decline but said software revenue of roughly $33.4 million for the first half represented a slight decrease. SaaS revenue for the quarter was about $17.4 million. Prodware did not provide a percentage of change. First-half revenue rose to approximately $101.3 million, up .4 percent from last year’s corresponding period; down 3.3 percent on a like-for-like basis. For the half, international sales reached approximately $62.1 million, an increase of 22.6 percent, with an “efficient sales strategy in both the Benelux and Israel” cited.
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PRODWARE REVS DIP IN 2Q Featured
Prodware, a Dynamics and Sage reseller based in France, reported that revenue for the second quarter ended June 30 dropped by 2.1 percent to about $49.4 million. The top line was off by 7.6 percent on a like-by-like basis, the company said this week.
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