Systar (ISIN: FR0000052854 - SAR), a leading provider of performance management software, today announced its revenues for the first quarter of fiscal year 2011/2012, ending September 30th, 2011.
Revenues grew 28% during the first quarter of fiscal year 2011/2012 compared to the same period of the previous fiscal year. Revenues grew 33% in France and 51% in EMEA out of France while decreasing 21% in North America due to an unfavorable exchange rate (-13% at constant exchange rate). The first quarter is traditionally less representative as it corresponds to the reduced activity of the summer months.
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Revenues grew 28% during the first quarter of fiscal year 2011/2012 compared to the same period of the previous fiscal year. Revenues grew 33% in France and 51% in EMEA out of France while decreasing 21% in North America due to an unfavorable exchange rate (-13% at constant exchange rate). The first quarter is traditionally less representative as it corresponds to the reduced activity of the summer months.
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