Systar (ISIN: FR0000052854 - SAR), a leading provider of Operational Intelligence software, today announced its revenues for the first quarter of fiscal year 2012/2013, ending September 30th, 2012.
In a business environment that remained challenging, similar to the previous quarter, software revenues declined 6% during the first quarter of fiscal year 2012/2013 compared to the same period of the previous year, mainly due to delayed license orders, among which an important license (>500 K€) which was eventually signed in October. Overall, total revenue declined 18% to 3.5 M€.
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In a business environment that remained challenging, similar to the previous quarter, software revenues declined 6% during the first quarter of fiscal year 2012/2013 compared to the same period of the previous year, mainly due to delayed license orders, among which an important license (>500 K€) which was eventually signed in October. Overall, total revenue declined 18% to 3.5 M€.
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