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BRIEF-QAD Sees Q3 Subscription Revenue Of $32.5 Million
2020-08-27 04:12
Aug 26 (Reuters) - QAD Inc :
* QAD REPORTS FISCAL 2021 SECOND QUARTER AND YEAR-TO-DATE FINANCIAL RESULTS
* Q2 REVENUE $74.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $73.1 MILLION
* SEES Q3 SUBSCRIPTION REVENUE OF $32.5 MILLION.
* SEES Q3 MAINTENANCE REVENUE OF $26 MILLION.
* QTRLY GAAP NET INCOME OF $60,000, OR $0.00 PER CLASS A AND CLASS B SHARE
* Q2 EARNINGS PER SHARE VIEW $0.08 -- REFINITIV IBES DATA
Source text for Eikon: Further company coverage:
((Reuters.Briefs@thomsonreuters.com;)
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