CURRENCY CHOPS INFOR 3Q
- Friday, 11 March 2016
- News and Analysis
Currency changes took a bite out of the bottom line for Infor for the third quarter ended January 31. The software company lost $44.2 million for the most recently ended period, compared to net income of $51.3 million a year earlier. A major factor was other expenses of $35.7 million, primarily reflecting currency fluctuations, compared to other income of $53 million in last year's corresponding period.
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