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(From Telecom World Wire)
TELECOMWORLDWIRE-September 5, 2011-Kofax reports revenue growth of 12% for fiscal year and announces plans for US listing (C)1994-2011 M2 COMMUNICATIONS http://www.m2.com
Kofax plc (LSE:KFX), a provider of capture driven business process automation solutions, announced today a 12% increase in total revenues for the fiscal year ended 30 June 2011.
Revenues increased to USD243.9m, compared with USD217.6m in the previous fiscal year, driven by strong growth in the first half of the fiscal year, particularly in maintenance service revenues; continuing progress with the company's hybrid go-to-market strategy; and improving sales …