QAD Reports Fiscal 2020 Third Quarter and Year-To-Date Financial Results
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QAD Inc. (QADB) Reports In-Line Q3 EPS; Offers FY20 Revenue Guidance Below Consensus
November 26, 2019 4:11 PM ESTQAD Inc. (NASDAQ: QADB) reported Q3 EPS of $0.01, in-line with the analyst estimate of $0.01. Revenue for the quarter came in at $77.8 million versus the consensus estimate of $78.07 million.
Fiscal 2020 Third Quarter Financial Highlights:
Total revenue for the fiscal 2020 third quarter was $77.8 million, compared with $79.6 million for the year-ago third quarter, reflecting an expected reduction in professional services and license revenue. Currency had a negative $1.2 million impact on total revenue compared with the prior year quarter, and a... More
