CDC SWINGS TO LOSS
- Friday, 26 August 2011
- News and Analysis
CDC Software, which markets the Ross ERP and Pivotal lines, reported a loss of $3.8 million for the second quarter ended June 30, compared to net income of $3.1 million in last year's corresponding period. Revenue rose to $56.4 million in the most recently ended period from $52.65 million a year ago. The main culprit in the loss was increased spending. Sales and marketing expenses rose to $13.1 million, up almost 30 percent from $10.1 million a year earlier.
Read more...Most Read
-
-
May 19 2021
-
Written by BobWScott
-
-
-
May 22 2017
-
Written by mark
-
-
-
May 22 2017
-
Written by BobWScott
-
-
-
May 25 2016
-
Written by mark
-