Net income rose to slightly less than $5 million for the most recently ended period, an increase of 16.6 percent from $4.3 million a year earlier. Revenue increased by 15.1 percent to $169.3 million, up from $147 million in last year's corresponding period. The rise in subscription revenue and decline in license sales continued on a steep path. License revenue fell to $2.8 million, down 33.8 percent from $4.3 million. Subscription revenue reached $96.9 million, a rise of 33.6 percent from $72.5 million a year ago. CFO Tony Boor pointed to a strong performance in the entire cloud portfolio, along with the market acceptance of NXT, as being responsible for results. The company said it continues to realize benefits from reducing the number of software systems in all areas. Thirty platforms have been cut to less than 10 and executives cited a single HR platform now being used globally as an example of the improvements.