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.