SAGE H1: SUBS OFFSET LICENSE DROP
- Wednesday, 09 May 2012
- News and Analysis
A 5-percent rise in subscription revenues offset a 4-percent in decline in income from software and related services for the Sage Group's first half ended March 31. Pre-tax profit rose 2 percent to about $284 million while worldwide revenue hit roughly $1.07 billion, up 2 percent for the half just ended. That came as the company announced plans to introduce Sage One in the U.S. "imminently."
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