SERENIC REVIEWS OPTIONS AFTER DOWN YEAR
- Monday, 09 July 2012
- News and Analysis
Nonprofit vendor Serenic swung from profit to loss as revenue for the year ended February 29 dropped by 9.2 percent. The company said it had fewer deals for the year and that a large deal in Africa did not close because in the country in which it occurred “the country’s currency controls prevented the sale from being closed prior to the fiscal year end.”
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