Wednesday, September 28, 2011

JDA Software Group profit drops 51 percent in first quarter - Phoenix Business Journal:

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million as the sluggish economy bit intoits sales. Scottsdale-baser JDA (Nasdaq:JDAS) posted revenue of $83.4 million for the quarte r endedMarch 31. It is a drop of more than $10.5 millio n from the first quarterof 2008, when the compan y had $93.8 million in Earnings were about 8 cents per share compared to 15 cents per share for the same quarter last year. Despite the drop and continueds softness inthe market, company officialw said they are optimistic regardinvg the results. “We delivered a solid, profitable quarter with stronggcash flows, which underscores the durable nature of our business mode in these difficult times,” said JDA CEO Hamish Brewer.
While profitx were down, the company signer $11.1 million in software deals for the Americas regioh duringthe quarter, down but somewhagt from $13.2 million for the same period in officials said. Its other regions also were down, but were continue to mark major officials said.

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