Linedata Reports Unaudited Revenue Results for the Second Quarter and First Half of 2017; Provides Earnings Guidance First Half-Year of 2017
For second quarter of 2017, the company posted EUR 44.9 million in revenues, up 4.6% compared with the second quarter of 2016.
The company anticipates lower first half-year earnings due to the cumulative effects of negative organic growth, a higher relative weight of Services (Gravitas) revenues at lower margin, and, as announced, steady product investment efforts.