Home / Knowledge / News / Information Technology / Epicor reports Q4 & full-year 2007 results
Epicor reports Q4 & full-year 2007 results
08
Feb '08
Epicor Software Corporation, a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies reported financial results for its fourth quarter and full-year ended December 31, 2007. All results should be considered preliminary pending the Company's filing of its annual report on Form 10-K for the year ended December 31, 2007.

Epicor Chairman and CEO George Klaus commented, "We had an absolutely fantastic fourth quarter, setting records across nearly every financial metric and topping off another excellent full-year of Company-wide execution for Epicor. 2007 marks the fourth consecutive year of double digit growth for Epicor in license revenue, total revenue and non-GAAP earnings per share.

"Our all-time record license revenues are a confirmation of the strength of our sales team, pipelines, software solutions and go-to-market strategy," Klaus said.

"In addition, it is clear that Epicor is reaping the rewards of our strategy to expand our addressable market by moving up-market, as our strong fourth quarter was driven in part by a new record for our top 10 license deals, which averaged in excess of $600,000 in license revenue alone.”

“Our success in winning bigger deals continues to be complemented by strong execution in our core midmarket business, as evidenced by the addition of more than 740 new name customers during the year. Importantly," he said, "our ability to continue to drive double digit license revenue growth with significant new customer wins will continue to benefit Epicor for years to come by adding to our consulting backlog and highly profitable maintenance revenues.

Must ReadView All

Textiles | On 27th Mar 2017

Himatsingka to disinvest 100% stake in Italian subsidiary

The board of directors at Indian home textiles manufacturer and...

Courtesy: Flipkart

Apparel/Garments | On 27th Mar 2017

Flipkart bags $1bn funding at lower valuation

In a new round of funding, Flipkart, one of India's biggest ecommerce ...

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner
Devereux

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search