First Derivatives is led by Seamus Keating pictured at Canon Green in London with sculptures by Laurence Edwards. Photo: Jonathan GoldbergTechnology firm First Derivatives has seen its total revenue increase by 6pc year-on-year in the six months to June 30. The financial impact of these deferrals has to-date has been partially mitigated by lower recruitment and cost management, it added. Elsewhere, software revenue increased by 8pc, this was led by growth in recurring license and subscription revenue. The growth in this division was offset by a small decline in perpetual license revenue as new software sales continue to take longer to close in the current climate.

Source: Irish Independent July 08, 2020 06:33 UTC