Parametric Technology reports that its Q3 license revenue fell 5% over last year. (License revenue is income from selling software packages, aka licenses.) Declines were largely in North America (surprise) and Japan (no surprise). The drop was also blamed on fewer add-on sales and the failure of some expected large orders to come through.
Overall revenue, however, was up 4% from an increase in maintenance (subscriptions) and consulting services. Details here.
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