QAD Ends Its Protracted Dry Season, Not Yet On an Easy Street
P.J. Jakovljevic - April 11, 2000

Event Summary

In March, QAD Inc. reported $0.06 of diluted net income per share, or net income of $2.1 million, on record total revenue of $70.9 million for the fourth fiscal quarter ended January 31, 2000. This compares with $0.16 of diluted net loss per share or a net loss of $4.9 million on total revenue of $65.4 million in the fourth quarter of fiscal 1999. License revenue was $33.5 million for the fourth quarter-up 62% from the third quarter- compared with $33.0 million in the same period last year...