Company Earnings UpdateInfor (Private) 1Q20 Results: Revenues Up in Constant Currency but Hurt by Customer Issue, Leadership Transition Coresight Research September 17, 2019 Executive Summary Infor reported fiscal 1Q20 revenues of $780.0 million, down 0.3% year over year and up 1.3% on a constant currency basis. Adjusted net income was $11.6 million, down 85.7% year over year. Software-as-a-service (SaaS) was the fastest-growing segment, with revenues up 10.0% year over year, which more than offset a 16.7% decrease in software license fees. Infor did not provide forward-looking information or guidance. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Amazon Prime Day India 2025: Preview—Capitalizing on E-Commerce Momentum; Unlocking Small-Town Potential Through Speed and ValueConsumer Sentiment Hits New Low; Many Consumers Cut Back on Eating Out Amid High Gas Prices: US Consumer Survey InsightsSentiment Hits Four-Month Low as Higher-Income Confidence Weakens; Plus, Mass Merchandisers and Warehouse Clubs in Focus: US Consumer Survey InsightsSector Focus: Off-Price Shopping—Data Graphic
