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Update Software Reports Positive Earnings

Published: October 19, 2011; 15:27 · (Vindobona)

The Austrian software provider update software, which is listed at Frankfurt Stock Exchange, recorded a rise of 28% in sales. EBIT turned into the black zone.

Update Software Reports Positive Earnings / Picture: © Flickr

CRM solutions provider update software AG posted a 27.9 % year-on-year growth in sales revenue for the third quarter of 2011. Total sales revenue for Q3/2011 was € 8.3m, generating earnings before interest and taxes (EBIT) of € 0.5m. On this basis, the Company's management reconfirms its guidance for 2011.

Sales revenue in the third quarter increased to € 8.3m, up 27.9 %…

This article includes a total of 152 words.

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