RERMAG

Lawson Software Grows Revenues in Fiscal 2011 Second Quarter

Software provider Lawson Software posted $187.5 million in revenue in its 2011 fiscal second quarter, the company reported this week, a 1.7-percent increase compared to the same period a year ago. Net income jumped 350 percent from 2 cents per share to 7 cents per share in the year-ago quarter. Minneapolis-based Lawson provides ERP software to companies in the health care, retail, and services industries including equipment rental.

Lawson serves customers in the United States, Europe, Middle East, Africa and Asia, including Australia and New Zealand.

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