QAD Reports Fiscal 2021 Second Quarter and Year-To-Date Financial Results
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QAD Inc. (QADB) Reports Q2 Revenues Beat
August 26, 2020 4:07 PM EDTQAD Inc. (NASDAQ: QADB) reported Q2 revenue for the quarter came in at $74.08 million versus the consensus estimate of $73.52 million.
Additional fiscal 2021 second quarter financial results versus the same period last year, include:
Subscription revenue of $31.1 million, up from $25.9 million. Currency had a $400,000 negative impact.Subscription gross margin of 65 percent, versus 62 percent.License revenue of $3 million, compared with $3.5 million. Currency had a $57,000 negative impact.Professional services revenue of $13.5... More