January 29, 2023
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QAD earnings beat analyst expectations


Santa Barbara software firm QAD reported a 3 percent bump in its revenue for the third quarter to $79.6 million on a nearly 40 percent increase in revenue from subscriptions. Shares for the enterprise software firm vaulted up 12.7 percent in midday trading Nov. 21 following the announcement. Margins for its subscription business also shot…


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