Revenue for the quarter was EUR 209 million, registering an increase of 6% from EUR 197.3 million the same period last year. Gross profit went up by 10%, reaching EUR 163 million from EUR 148.6 million in Q3 2017 and net income grew by 13% year over year from EUR 33.8 million, reaching EUR 38 million.
For the 9M period, revenue was 601 million, down by 2% year over year from EUR 611 million. Gross profit remained flat equaling EUR 457 million and net income increased by 12% to EUR 104 million, from EUR 92 million in the first nine months of 2017.
By segments, revenues from Licenses went up by 28% to EUR 56.7 million, those from Maintenance also increased by 2% to EUR 105 million, SaaS/Usage based equaled EUR 4.5 million, Services declined by 10%, totaling EUR 42 million and Other shrank by 10% to EUR 165 thousand.
For the 9M period, revenues from Licenses went up by 6% to EUR 144 million, the ones from Maintenance decreased as well by 3% to EUR 309 million, SaaS/Usage based equaled EUR 12.6 million, Services shrank by 10% year over year, reaching EUR 135 million and Other went down by 6% to EUR 534 thousand.