Enterprise software developer QAD (QADA +13%) ramps higher today after easily beating Q2...

|About: QAD Inc (QADA)|By:, SA News Editor

Enterprise software developer QAD (QADA +13%) ramps higher today after easily beating Q2 estimates on a jump in licensing and maintenance revenue. The company also boosted Q3 guidance, now expecting total revenue of about $61M versus analysts' expectations of $59M.