We are considering our options,” Honoré said, noting, “We are primarily a services business. He said the investments requirement to compete in software has increased. Options include intensifying the business or finding a partner that might want to take over part of the operations. The first-half totals suggest the story line. Columbus software license revenue fell 42.8 percent to approximately $408,000. Columbus subscription revenue dropped to roughly $2.2 million, off 7.2 percent from the first half of 2019.
Estimated reading time: 0 minutes, 30 seconds
COLUMBUS MULLS ITS SOFTWARE BIZ Featured
Columbus is evaluating what to do with its software business. CEO Thomas Honoré noted during this week’s webcast for earnings for the first half ended June 30. “
Latest from BobWScott
Most Read
-
-
May 22 2017
-
Written by mark
-
-
-
May 22 2017
-
Written by BobWScott
-
-
-
May 19 2021
-
Written by BobWScott
-
-
-
May 25 2016
-
Written by mark
-