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PRODWARE Q1 REVS UP 2.4 PERCENT Featured

Revenue for Sage and Dynamics reseller Prodware rose 2.4 percent year-over-year for the first quarter ended March 31. The France-based company this week reported first-quarter revenue of about $48.9 million.

Software revenue increased by 3 percent to approximately $16.8 million for the most recently ended quarter. Consulting revenue reached roughly $18.9 million, up 4.2 percent. First-quarter SaaS sales were about $13.2 million which Prodware’s announcement said was “remaining fairly statement.” Revenue outside of France and French-speaking areas increased to roughly $25.9 million, an increase of 10 percent, with the company reporting international business “doing quite well especially in Germany and Spain”. Prodware typically does not release earnings with the first report of revenue.

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