Home / Knowledge / News / Information Technology / CDC Software achieves higher gross profit
CDC Software achieves higher gross profit
18
Jan '08
CDC Software, a wholly-owned subsidiary of CDC Corporation and a leading provider of industry-specific enterprise software applications and business services announced preliminary revenue results for the fourth quarter of 2007.

Based on preliminary financial data, CDC Software expects total revenues for the fourth quarter of 2007 ended December 31, 2007, to be between US$92 million and US$95 million, which would be a record for the company and an increase of 35% to 39% from US$68.3 million in the fourth quarter of 2006.

Software license revenues are expected to be between US$17.5 million and US$18.5 million which would represent an increase of 14% to 20% from US$15.4 million in the fourth quarter of 2006.

"We are proud to finish 2007 off on a strong note as CDC Software achieved several significant milestones from a growth and operational perspective during the year," said Eric Musser, President and CEO of CDC Software. "We have grown our revenues at a significantly higher rate than the overall software industry, which is the result of our vertical focus, strong execution and well-targeted acquisitions."

The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Games focused on online games, and China.com focused on portals for the greater China markets.

CDC Software, The Customer-Driven Company, is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability.

Must ReadView All

Apparel/Garments | On 28th Apr 2017

Continue existing Duty Drawback, ROSL scheme post GST: TEA

Tiruppur Exporters' Association (TEA) has made requisitions to...

Apparel/Garments | On 28th Apr 2017

Deckers Brands starts review of strategic alternatives

Deckers Brands, a global leader in designing, marketing and...

Courtesy: AAFA

Fashion | On 28th Apr 2017

Andrew Rosen, Stuart Vevers among AAFA awardees

Andrew Rosen, founder and CEO of Theory, Stuart Vevers of Coach, Nick ...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X