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Update Software Reports Positive Earnings
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: © Vindobona.org
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 %…
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