QAD Inc. (QADB) Reports Q4 EPS of $0.16, Revenues Beat

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QAD Reports Fiscal 2021 Third Quarter and Year-To-Date Financial Results

November 24, 2020 4:05 PM EST

-- Subscription Revenue Grows 24 Percent Year-Over-Year; Subscription Gross Margin Increases to 68 Percent --

SANTA BARBARA, Calif.--(BUSINESS WIRE)-- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies, today reported financial results for the fiscal 2021 third quarter and first nine months ended October 31, 2020.

Fiscal 2021 Third Quarter Financial Results:

Total revenue for the fiscal 2021 third quarter was $76.7 million, compared with $77.8 million for the fiscal 2020 third quarter, reflecting expected reductions in license, professional... More