QAD, Inc. (QADA) Reports Q4 Revenue of $80.8M

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QAD Reports Fiscal 2018 Fourth Quarter and Full Year Financial Results

March 21, 2018 4:05 PM EDT

SANTA BARBARA, Calif., March 21, 2018 /PRNewswire/ -- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today reported financial results for the fiscal 2018 fourth quarter and full year ended January 31, 2018.

Fiscal 2018 Fourth Quarter Financial Highlights:

Total revenue for the fiscal 2018 fourth quarter increased 10 percent to $80.8 million, from $73.3 million for the fiscal 2017 fourth quarter.  Subscription revenue for the fourth quarter represented 24 percent of total revenue and grew by 34... More