Lawson Software Inc. (LWSN) yesterday reported revenues of $169 million in the first quarter of fiscal 2010, down 11% year over year and down 9.1% sequentially, but in line with management’s guidance of revenues between $160 million and $165 million. Excluding the unfavorable movement in exchange rates, revenues were down 6%. Lawson provides enterprise resource planning (ERP) software solutions and professional services to mid-market enterprises in the health care, retail, public and professional service industries. Lawson derives its revenue from software license fees, customer support and maintenance fees and consulting fees. License fees grew 23% year over year, driven primarily by increases in healthcare, public sector and equipment service management & rental vertical markets. Maintenance services declined 4%. Consulting revenues declined 29%, driven by fewer billable consultants. The company reduced the size of its consulting staff as part of a strategy to move more implementation services ...

Lawson Software: Softer Q3 Results Expected Lawson Software, Inc. (LWSN) recently announced that it will release its fiscal 3rd quarter results on Thursday, April 2, 2009, after the market close. Generally speaking, we expect in-line results with softer revenues compared to our expectation. It is likely that the company will report revenues at the low end of its guidance range of $183 - $187 million. We expect LWSN to report non-GAAP EPS of $0.07 on revenues of $185 million. Although the Street expected a pre-release concurrent with the announcement of the Q3 release date, no such update was provided by the company.Based in St. Paul, Minnesota, Lawson Software is a leading provider of enterprise resource planning (ERP) software solutions and professional services to mid-market enterprises in the health care, retail, public and professional service industries. While the global recession continues to takes its toll ...

Today, Lawson Software announced that Wilcon Builders’ Supply has agreed to implement the Lawson M3 Enterprise Management System to help support its business and distribution operations. Lawson’s Management System provides a number of integrated business application suites that cover core and supporting business processes, including financial management, customer relationship management, supply chain planning, supply chain execution, business intelligence, and mobility.

David Hope, vice president and managing director for Lawson Asia, stated, “This new relationship with Wilcon is more evidence that we are becoming the obvious choice for retail/wholesale and distribution companies by delivering industry-specific functionality that helps deliver greater value and a strong return on investment. And with more than 800 employees in the Philippines, we are in a great position to support our customers in the country and across the region.”

“We are investing heavily in cutting-edge IT in spite of the current economic climate, because we see technology as

...