View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Data
September 6, 2010

Kofax Q4 revenue up15 % to $342.4m

Software license revenue grew 22% to $87.2m

By CBR Staff Writer

Kofax, a provider of document driven business process automation offerings, has reported revenue of $342.4m for the fourth quarter of fiscal 2010, an increase of 15% compared to revenue of $298.2m in Q4 fiscal year 2009.

Revenue from software license grew 22% to $87.2m, compared to $71.4m for the same period a year ago.

Software services revenue increased to $104.1m from $76.1m and revenue from OEM/POS increased to $25m from $22m of the same period last year.

While revenue from hardware distribution decreased to $91m, compared to $93m and revenue from hardware services decreased to $35.8m from $36.2m of the same period a year ago.

For the fourth quarter ended June 30, 2010, the company posted an operating income of $15.1m, an increase of 32.4% compared to an operating income of $11.4m for the same period last year.

Kofax posted net income of $7.6m, a fall of 7.3% compared to net income of $8.2m in the fourth quarter of 2009.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU