Lawson Software Reports Third Quarter Fiscal 2011 Financial Results

ST. PAUL, Minn.--(BUSINESS WIRE)--Lawson Software, Inc. (Nasdaq: LWSN) today reported financial results for its third quarter of fiscal year 2011, which ended Feb. 28, 2011. As reported under generally accepted accounting principles (GAAP) revenues were $196 million with operating income of $22.3 million and net income of $21.4 million, or diluted earnings per share (EPS) of $0.13. These results increased compared to third quarter of fiscal year 2010 revenues of $186 million with operating income of $11.6 million and net income of $1.7 million, or EPS of $0.01.