It may sound obvious that QuickBooks desktop revenue declined for the third quarter ended April 30. That was the result of what Intuit said was a sharp decline in unit sales through retail and direct channels since mid-March.

Sage has postponed price increases for Sage 100 and 300 until September 30, the end of its fiscal year. The changes had originally been scheduled for March 1.

With the pandemic hampering sales, businesses are emphasizing liquidity. Some notable examples include Intuit, which said on May 7 drew down its entire $1 billion credit facility “to maintain financial flexibility during this period,” the company said.

North American revenue for Sage reached about $419.7 million, a 5-percent increase for the first half ended March 31. That was up 9 percent organically over last year's corresponding period.