In its statement to the ASX this morning, MYOB revealed revenue of $140 million for the six months, up 21% on the corresponding period last year, while earnings jumped by 29% to $70 million.
MYOB CEO Tim Reed said the first half growth signalled “continued sales momentum in cloud and mobile solutions” and said the company was the leader in cloud accounting for SMEs in Australia.
MYOB’s strong performance and its claim of market leadership in the SME space comes as the accounting software market continues to heat up, with aggressive competition for MYOB coming from the other key players – New Zealand-based Xero and American giant Intuit, makers of Quickbooks. [snip]. The article continues @ IT Wire, click here to continue reading....
MYOB CEO Tim Reed said the first half growth signalled “continued sales momentum in cloud and mobile solutions” and said the company was the leader in cloud accounting for SMEs in Australia.
MYOB’s strong performance and its claim of market leadership in the SME space comes as the accounting software market continues to heat up, with aggressive competition for MYOB coming from the other key players – New Zealand-based Xero and American giant Intuit, makers of Quickbooks. [snip]. The article continues @ IT Wire, click here to continue reading....
0 comments:
Post a Comment