CDC Software Expects Solid Growth in First Quarter 2010 Application Sales and Total Recurring Revenue Compared to First Quarter 2009
ENP Newswire 2010, April 22
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Publisher Description
ENPNewswire-22 April 2010-CDC Software Expects Solid Growth in First Quarter 2010 Application Sales and Total Recurring Revenue Compared to First Quarter 2009(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 21042010 - SHANGHAI, ATLANTA -CDC Software Corporation (NASDAQ: CDCS), a hybrid enterprise software provider of on-premise and cloud deployments, today announced that, based on preliminary financial projections and estimates, the company expects first quarter 2010 application sales, which is comprised of license revenue plus new total contract value for Software-as-a-Service (SaaS) sales secured during the first quarter of 2010, to increase by approximately 14 percent to $8.2 million from $7.2 million in the first quarter of 2009.