SPECIAL ITEMS HELP LAWSON 3Q
- Friday, 01 April 2011
- News and Analysis
Non-operating income helped Lawson Software to sharp increase in net income on a 5.4-percent rise in revenue for the third quarter ended February 28. And unusual might be the general tone of the results since the company canceled its earnings webcast because of the unsolicited takeover bid it has received from Infor. Net income of $21.4 million for the most recently ended quarter compared to $1.7 million a year earlier, anything but routine.
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