Manugistics Takes Another Hit on Earnings as CFO Resigns Steve McVey - September 16, 1999
Event Summary
Manugistics Group announced their quarterly revenues and earnings for the period ended August 31, 1999. Total revenues for the company were $33.8 million, of which $10 million were derived from new licenses and the remainder from services and support. Net loss for the quarter was $3.4 million, or $0.13 per share. In a related news story, Chief Financial Officer, Peter Repetti will step down while Greg Owens and the rest of the senior management team search for a replacement...
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