QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB)
QADA, QADB (?QAD Inc.?) previously reported financial results for the fiscal 2013 third quarter ended October 31, 2012. QADA, QADB (?QAD Inc.?) Total revenue rose to $61.7 million for the fiscal 2013 third quarter, from $60.7 million for the fiscal 2012 third quarter. The increase was principally related to higher subscription and maintenance revenue.
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2013 Third Quarter Highlights included that QADA, QADB (?QAD Inc.?) Received orders from 17 customers representing more than $500,000 each in combined license, maintenance, subscription and professional services billings, including six orders in excess of $1.0 million; Received license or On Demand orders from companies across QAD?s six vertical markets, including: AB S.A, AsteelFlash Group, Arthrex, Inc., Ceva Sante Animale, Cultura-Sodival, Lear Corporation, Exactech, Laboratorios Menarini, Magna International, and Youngs Seafood, among others; Held successful customer conferences in Australia, Brazil, China, Mexico and Thailand, hosting almost 1,000 attendees; Fully integrated QAD Business Process Management solution with QAD Enterprise Applications to provide a better way for customers to visualize, automate, manage and measure business processes.
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QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB) is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life sciences products. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. For more information about QAD, telephone +1 805-566-6000, or visit the QAD web site at www.qad.com.
In my opinion this is a stock to watch!
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