March 18, 2020 / 10:16 PM / 10 days ago

BRIEF-Qad Reports Fiscal 2020 Fourth Quarter And Full Year Financial Results

March 18 (Reuters) - QAD Inc:

* QAD REPORTS FISCAL 2020 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS

* Q4 REVENUE $78.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF $78.7 MILLION

* GIVEN CURRENT UNCERTAINTY RELATED TO COVID-19, CO IS NOT PROVIDING FULL YEAR GUIDANCE AT THIS TIME

* FOR FISCAL 2021 Q1, CO EXPECTS SUBSCRIPTION REVENUE OF $31 MILLION & MAINTENANCE REVENUE OF $27 MILLION

* QTRLY INCOME PER CLASS A SHARE $0.02

* Q4 REVENUE VIEW $78.7 MILLION — REFINITIV IBES DATA Source text for Eikon: Further company coverage:

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