Estimated reading time: 0 minutes, 26 seconds

PRODWARE NET RISES 22.4 PERCENT Featured

Tuesday, Mar 06 2018
News and Analysis
Written by 

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

Read 1320 times
Rate this item
(0 votes)
More in this category: « QAD: SUBS UP, LICENSES DOWN XERO REPLACING DRURY AS CEO »
mark

Latest from mark

Visit other PMG Sites:
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline