The company also took a hit from the strengthening of the U.S. dollar. While revenue for the recently ended quarter rose by 2.7 percent over last year's corresponding period, currency took a 6-percent bite. The increased revenue reflects the addition of results of the recently purchased GT Nexus. The move from licensed sales to subscription revenue follows the industry trends. The company lumps subscription and license revenue and together they brought in $139.9 million in the quarter, up 5.3 percent from $132.8 million. However, Infor said subscription income rose by 10.1 percent, but was nicked by 4.8 percent by currency. On a constant currency basis, subscription revenue rose by 20.7 percent. There was a 4.8-percent decline in product updates and support fees to $354.3 million, off from $372 million a year ago.