JDA Software (NASDAQ: JDAS, Stock Forum) announced after market close Monday that it has achieved record Q3 revenue and record Q3 EBIDTA. Total revenue for the Arizona-based supply chain software provider came in at $98.4 million, with software revenues of $23.0 million, compared to total revenues of $93.6 million and software revenues of $15.5 million for the same period last year.
JDA CEO Hamish Brewer commented, “Despite the current economic climate, we ended the third quarter with record software revenues and EBITDA. Furthermore, this was the second quarter in 2008 that we achieved record software license revenues, illustrating the strength of our value proposition and a healthy pipeline.”
Before today, the company’s shares were trading more or less in line with the broader NASDAQ exchange that it’s listed on. This morning the stock gapped up to $13.12 on the open, from yesterday’s close of $12.01. In afternoon trading the stock climbed to $13.86, up more than 15% from Monday’s end-of-session figure.
