10 Business View - January 2016
Opening
Lines
TECSYS Reports Second Quarter Fiscal 2016
Financial Results, Records 16% Revenue Growth
TECSYS Inc., an industry-leading supply chain man-
agement software company, announced its results
for the second quarter of fiscal year 2016, ending on
October 31, 2015. All dollar amounts are expressed
in Canadian currency and are prepared in accor-
dance with International Financial Reporting Stan-
dards (IFRS), and are unaudited.
Second Quarter Highlights:
• Revenue grew 16% to $15.8M in Q2 2016 com-
pared to $13.5M in Q2 2015.
• Proprietary products revenue was $3.0M com-
pared to $3.2M in Q2 2015.
• Services revenue improved by 26% to $10.2M
compared to $8.1M in Q2 2015.
