Software giant Sage has reported a third quarter rise in revenues driven by take up of its cloud-based products. The North Tyneside-based plc saw total organic revenue increase 6% to £1.4bn. Recurring revenue grew 9% to £1.33bn in the nine months to the end of June, thanks to 20% growth of Sage Business Cloud to £886m. In a trading update, Sage said its business in North America had seen...
Revenues climb at Sage thanks to success of cloud products
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