Lawson fiscal fourth quarter profit fell 70%
Sina Finance
YORK Friday morning news Lawson Software Inc. Thursday reported fourth-quarter profit after the close of last year from 860 million, or 5 cents a share, fell to 260 million, or 2 cents a share, on revenue from last year's 186 million U.S. dollars to improve to 197 million U.S. dollars. The company's adjusted earnings per share for the quarter of 12 cents.
Analysts surveyed by Thomson Reuters had on average expected it to earn 11 cents per share on revenue of 198.7 million U.S. dollars.
the current fiscal year the company expects adjusted earnings per share up 8 to 9 cents.
