The cloud continued to be the major factor in QAD’s financial results, both raising revenue and denting earnings. The manufacturing software company lost $9.1 million for the year ended January 31, down from the loss of $15.5 million in fiscal 2016.

The call for entries for Bob Scott's Top 100 VARs is still open for the 2018 selection. So if you set the form aside and were thinking of returning it, now's the time.

Edgewater Technology saw its loss balloon and revenue drop in its last full year as a company. The company will become part of Alithya when a merger is expected to be completed in the third quarter. Edgewater lost $29.1 million for the year ended December 31, compared to $2.8 million in red ink for 2016.