Rand Worldwide, Inc. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2015
May 15, 2015 at 08:30 am EDT
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Rand Worldwide, Inc. reported consolidated earnings results for the third quarter and nine months ended March 31, 2015. For the quarter, the company reported total revenues of $23,474,000 against $24,746,000 a year ago. Income from continuing operations was $1,857,000 or $0.06 per diluted share against $2,756,000 or $0.05 per diluted share a year ago. Net income was $1,806,000 or $0.06 per diluted share against $2,228,000 or $0.04 per diluted share a year ago.
For the nine months, the company reported total revenues of $66,671,000 against $66,806,000 a year ago. Income from continuing operations was $3,225,000 or $0.07 per diluted share against $5,034,000 or $0.09 per diluted share a year ago. Net income was $1,056,000 or $0.02 per diluted share against $3,140,000 or $0.05 per diluted share a year ago.
Rand Worldwide, Inc. is a supplier in the design automation, facilities and data management software marketplace. It also provides value-added services, such as training, technical support and other consulting and professional services to businesses, government agencies and educational institutions worldwide. It has five divisions: IMAGINIT Technologies (IMAGINIT), Rand Simulation, Facilities Management, ASCENT and Rand 3D. The IMAGINIT division provides Autodesk solutions and system integration and consulting services to customers in the manufacturing, infrastructure, building and media and entertainment industries. The Rand Simulation division offers Ansys engineering simulation software to help organizations incorporate. The Facilities Management division offers ARCHIBUS products for facilities management software for space planning, strategic planning and lease/property administration, and provides a full range of training, consulting and support services for the ARCHIBUS products.
RAND WORLDWIDE, INC. 
