ACTIVANT BOTTOM LINE REBOUNDS
- Thursday, 20 May 2010
- News and Analysis
With the automotive and construction markets as two key business areas, Activant, which makes specialized financial applications, has had a tough time during the last year. But it posted a nearly $4 million profit for the second quarter ended March 31, compared to a loss of $69.7 million last year, which stemmed from an $82 million writedown of impaired good will.
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