LAWSON 3Q: BRIGHT SIGN FOR OTHERS?

If results for Lawson Software, which competes on the high-end of this market, reflect the market for the financial software, then things ought to be even brighter when the rest of the ERP vendors start reporting their March quarters. Lawson reported a 71-percent decrease in net income on a 7 percent rise in revenue for the third quarter ended February 28. Net income fell to $1.8 million for the period ended March 31, compared to $6.2 million a year earlier. Read more...

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