Irish education software specialist Riverdeep today reported a 590 per cent increase in sales for the third quarter ending March 31st, to $14.8 million.
But pre-tax loss for the quarter widened to $10.97 million from $7.26 million, and pre-tax loss for the nine months was $45.89 million, compared with a loss of $27.95 million.
The company said contract value, representing new business generated during the period, rose 441 per cent.