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PRODWARE NET RISES 22.4 PERCENT Featured

PRODWARDFrench reseller ProdWare has reported net income of about $14.4 million for the year ended December 31. That represents an increase of 22.4 percent over the fiscal 2016.

The recently released results reported roughly $21 million in operating income, up 10.5 percent over the. prior year. ProdWare, which carries both Sage and Dynamics products in Europe and Africa, had previously reported revenue of approximately $206.7 million, off 4.6 percent from 2016, down 3.6 percent on a like-for-like basis. Prodware expects with the launch of new SaaS products it will generate incremental revenue starting in the second quarter

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