DELTEK VAR REVENUE DROPS; COMPANY PRUNES CHANNEL
- Thursday, 29 October 2009
- News and Analysis
The percentage of Deltek’s revenue contributed by resellers took a big hit for the third quarter ended September 31, dropping to 9 percent of revenue, down from 14 percent a year earlier. Deltek gave those figures in its earnings call yesterday. If I applied the percentages correctly, reseller-based revenue was down 41 percent. It fits the economic pattern which has been that smaller businesses, the purview of the channel, is not recovering at anywhere near the pace of the larger business.
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