Wednesday 20 November 2019

Sage still waiting for cloudy investments to make it rain as operating profit tumbles 10.5%

Revenue growth lags as biz makes subscription transition

Operating profit at accountancy software biz Sage dropped 10.5 per cent year-on-year to £382m for the company's 2018/19 results ended 30 September due to an increased investment in its cloudy products.…

via The Register - Data Centre: Cloud

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