Company Earnings Update 3 minutesRegister for Free AccessInfor (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? Register for a free user account. This document was generated for Other research you may be interested in: Tariff Anxiety Hits the Supermarket: US Consumers Turn Cautious When Shopping for GroceriesUS Tariffs: Three Actions for Risk Mitigation and Long-Term PositioningHome and Home-Improvement Shopping in Focus; Financial Sentiment Turns Negative: US Consumer Survey InsightsEarnings Insights 4Q24, Week 7: Costco, Inditex and Puma Lead with Solid Fourth-Quarter Growth—Infographic
