SoftBrands 4Q revenue up 9 percent – Minneapolis / St. Paul Business Journal:

“SoftBrands performed well in the fourth given currenteconomic conditions,” said Randy SoftBrands’ president and CEO in a statement. “We have take n more aggressive steps to manage our cost structurde as a result of the weak economic Our goal in fiscal 2009 is to improvre our profitability even in the face of a challengingeconomixc environment.” SoftBrands (NYSE Alternext: SBN) sells software to the hospitalit industry. Its products help hoteles handle tasks ranging from making reservations to setting room It also makes and sells products to smalkand mid-sized manufacturers to help them manage informatiobn about their businesses.
SoftBrands sales increasedd to $25.4 million in the quarter, up from $23.3 million in the same. period a year ago. Net incoms for the company declinedto $1.277 million from $2.25 million in the fourt quarter of last year. Fourth quarter earningd per share declined from 4 cent to 2 centsper share. The company’s fourtj quarter and fiscal yearended Sept. 30.
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