Estimated reading time: 0 minutes, 36 seconds
EXACT 3Q EDGES UP
Exact, which markets the Macola, Progression and Synergy lines, saw revenue of almost $78 million, a rise by 2 percent when measured in euros for the third quarter ended September and license revenue started to show growth. The company said the latter was led by the Americas and the Netherlands.
EBIDTA, however, fell by 4 per cent to roughly $17 million, as the company increased its investment in Exact Online, which is not sold in the United States, and there was also an increase in the sale of third-party products. The company has not provided a 2010 financial outlook, but in a prepared statement, the company said its goal is to restore profitable organic revenue growth. Exact says it has also initiated programs to become more market driven.
Most Read
-
-
May 22 2017
-
Written by mark
The last year has been one of change—the cloud has…
-
-
-
May 22 2017
-
Written by BobWScott
The last year has been one of change—the cloud has…
-
-
-
May 19 2021
-
Written by BobWScott
Just what kind of year has it been for the…
-
-
-
May 25 2016
-
Written by mark
Annual Report: 2016 BSI Top 100 VARs The web has…
-