Lawson Software, has gone past a successful IPO, and continues with new wins and with rounding up of its focused offering, while also belonging to the elite of enterprise applications vendors that have seen license revenue growth and profit in recent optimism-scant times.
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2002. The company's cash, cash equivalents and marketable securities, however, were a comfortable $228.2 million at Feb. 28, 2002. Third quarter cash provided by operating activities was $16.2 million. For Q3 2002, license fee revenue totaled $49.1 million, up 7% from $45.8 million in Q3 2001. Services revenues for Q3 2002 totaled $66.4 million, up 16% from $55.9 million in the comparable fiscal 2001 period. During Q3 2002, the company reportedly signed 11 software licensing agreements each valued at