October 1, 2023
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QAD expects higher revenues but bigger losses


QAD announced expected revenues of $305 million for its fiscal year 2018, which ended Jan. 31, increasing its previous guidance, but said pre-tax losses are likely to reach $4 million. The manufacturing software company with headquarters in Summerland said revenues are expected to be higher than its former estimates of $300 million to $302 million,…


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