QAD Reports Fiscal 2019 First Quarter Financial Results

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Go back to QAD Reports Fiscal 2019 First Quarter Financial Results

QAD Inc. (QADB) Class A Shares Miss Q1 EPS by 1c, Revenues Beat; FY19 Revenue Outlook In-Line

May 30, 2018 4:13 PM EDT

QAD Inc. (NASDAQ: QADB) reported Class A Share Q1 EPS of $0.07, $0.01 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $86.2 million versus the consensus estimate of $79.95 million.

Additional fiscal 2019 first quarter financial highlights, versus the fiscal 2018 first quarter, include:

Subscription revenue of $21.5 million, compared with $15.3 million.Subscription gross margin... More