Wednesday, December 12, 2007

Deltek Reports Record Revenues for Third Quarter 2007

Deltek Reports Record Revenues for Third Quarter 2007: "License revenue for the quarter was $21.4 million, an increase of 28% from the third quarter of 2006. Q3 2007 consulting services revenue increased 34% to $22.8 million, and maintenance and support services revenue increased 24% to $26.1 million over the prior year period. Total revenue for Q3 2007 increased 28% from Q3 2006 to $70.4 million, a new Company record.

-- Deltek also recently announced the general availability of Costpoint 6, the latest version of its industry leading financial management and project accounting software designed for project-driven organizations, including government contractors and other entities requiring sophisticated compliance and cost management functionality. Costpoint 6 delivers significant enhancements, including Wide Area Workflow for improved Department of Defense compliance requirements, streamlined billing, enhanced cash forecasting, multicurrency consolidations, and a new master production scheduling capability."

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