Dalet Reports Unaudited Consolidated Revenue Results for the First Quarter of 2016; Provides Earnings Guidance for the Year 2016 and 2017
May 12, 2016 at 02:00 pm EDT
Dalet reported unaudited consolidated revenue results for the first quarter of 2016. For the quarter, the company reported total software revenues of EUR 6.3 million compared to EUR 5.0 million a year ago. Total revenues for the quarter were EUR 10.1 million compared to EUR 9.6 million a year ago.
The company confirms its confidence for continued growth in 2016, and confirms its target for a current operating margin of 4% to 5% by 2017.