PRODWARE REVS FLAT, ORGANIC RISES

ProdwareFrance-based ProdWare has reported revenue of about $48 million for the first quarter ended March 31, even with last year. However, the company said organic revenue rose by 4.7 percent. I should say apparently as Prodware continued its practice this week or releasing results in French, not English. When you select English, the earnings press release that is posted on the French version, disappears. The English versions tend to appear days later. It looks like SaaS subscription revenue hit roughly $3.6 million, about 7.5 percent of the total.

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