ACTIVANT TAKES EARNINGS HIT
- Wednesday, 16 December 2009
- News and Analysis
With two of its operating segments in some of the weakest areas of the economy, Activant, which markets specialized financial software, took its hit by recording a $114,500 charge for impairment of goodwill for the year ended September 30. That produced a $92 million loss, compared to $3.6 million in earnings fiscal 2008.
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