INFOR POSTS MODEST 1Q GROWTH

Charles Phillips, InforYou can understand why Infor would want to talk non-GAAP numbers. For its first quarter ended August 31, there was a 1-percent rise in revenue accompanied by a 1-percent hike in operating expenses. Yawn. The company did post $23.1 million in net income, a rebound from a loss of $33.3 million in last year's corresponding period.

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