September 23, 2022
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Net income at QAD higher after double digit increases in revenue

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After a year of revenue gains and earnings losses in 2017, double digit increases in revenue for QAD drove positive net income for its first quarter ended April 30. The company reported a net income of $1.4 million, or 7 cents per share, on revenues of $86.2 million, up 21 percent, including $3.2 million recognized…

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