QAD Reports Fiscal 2017 First Quarter Financial Results

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QAD, Inc. (QADA) Misses Q1 EPS by 9c

May 19, 2016 4:11 PM EDT

QAD, Inc. (NASDAQ: QADA) reported Q1 EPS of ($0.07), $0.09 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $65.4 million versus the consensus estimate of $65.4 million.

Subscription revenue of $11.5 million, versus $9.4 million. Currency had an approximate $290,000 negative impact on subscription revenue. Subscription... More