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QAD revenues and profits fell in fourth quarter and fiscal year 2016

By   /  Friday, March 11th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on QAD revenues and profits fell in fourth quarter and fiscal year 2016

Santa Barbara software developer QAD’s revenues and profits fell, the company reported in fourth quarter and fiscal year 2016 earnings results March 10. Fourth quarter revenues fell from $79.6 million in 2015’s fourth quarter to $69.3 million in 2016. Gross profits fell from $45.7 million to $38.4 million. QAD hit analyst revenue estimates of $69 Read More →

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