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PRODWARE SUMS UP FOURTH QUARTER Featured

The Prodware Group, the France-based company which sells Dynamics and Sage financial software, has issued a rather opaque statement about the fourth quarter. The company said it “sees a significant surge in technological investments in the 4th quarter of 2020 on behalf of many customers, both mid-market companies and subsidiaries of large groups.”

But it does not make any statement about how this actually affects the results Prodware will be reporting on February 17. The statement talked about deals with new customers, but the only number mentioned was 10 new customer wins at the beginning of the third quarter when business started turning around. I have seen companies which had pre-reporting releases but usually they are more specific in talking about performance to warn of (good or bad) unexpected changes.

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