Canaccord Genuity Downgrades Exa Corporation (EXA) to Hold

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Go back to Canaccord Genuity Downgrades Exa Corporation (EXA) to Hold

Exa Reports Fourth Quarter and Full Year Fiscal 2017 Financial Results

March 16, 2017 4:05 PM EDT

Fourth Quarter Recurring License Revenue Increases 12%Fourth Quarter Profitability Metrics Above Guidance RangesFull Year Fiscal 2017 License Revenue Increases 14%

BURLINGTON, Mass., March 16, 2017 (GLOBE NEWSWIRE) -- Exa® Corporation (NASDAQ: EXA), a global innovator in simulation software for product engineering, today announced financial results for the fourth quarter and full year fiscal 2017, which ended January 31, 2017.

Revenue Summary

Fourth Quarter

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