Revenue for the quarter was EUR 201.4 million, registering an increase of 8% from EUR 186.6 million the same period last year. Gross profit went up by 11%, reaching EUR 152 million from EUR 137 million in Q1 2018 and net income shrank by 1% year over year from EUR 30 million, reaching EUR 29.7 million.

By segments, revenues from Licenses went up by 25% to EUR 42.6 million, those from Maintenance increased by 5% to EUR 107.1 million, SaaS/Usage based equaled EUR 4.86 million, Services rose by 1%, totaling EUR 46.7 million and Other decreased by 14% to EUR 173 thousand.