Exact reported that revenue for the first quarter ended March 31 fell to about $75.4 million, down about 1.7 percent from last year’s corresponding period when the change is measured in euros. The company reported, however, that on a like-for-like basis revenue rose by 3.3 percent. I had to look up the term – which is the same concept as same-store sales in retail – and since there wasn’t much in acquisition activity overall, it’s probably a pretty good metric. Read more...