Infor recently posted net income of $44 million for the third quarter ended January 31, compared to a loss of $7 million for last year’s corresponding period. Meanwhile, revenue of $787 million was virtually unchanged from a year earlier.

QAD lost nearly $16 million for the year ended January 31, compared to net income of net income from $10.4 million for the prior year. That stemmed from a sharp rise in cloud revenue while license, professional services and maintenance revenue dropped.

FinancialForce has named Melissa Frugé as Chief Legal Officer this month. In the role, she is responsible for managing the company’s global legal matters.