Net income for the first quarter was $6 million, or 18 cents per share. This is an increase of 54% from $3.9 million or 12 cents per share in the same quarter year.
Advent had a very successful first quarter, as we continued to provide the industry with state-of-the-art technology solutions, entered into exciting new strategic partnership agreements, and solidly added to our core client base, stated Peter Caswell, President and Chief Executive Officer of Advent Software.
