Software firm’s revenue up 50%

Specialist software group Escher has posted a 17% annualised jump in first-half adjusted pre-tax profit and a near 50% rise in revenue.

The Boston-headquartered group — which also counts Dublin among a handful of international operational bases — said yesterday that adjusted pre-tax profits, for the first six months of 2013, amounted to $1.35m (€1.02m), up by 17% on the same period last year. Before being adjusted to exclude share-based payments, the company’sfirst-half pre-tax profits were down from $1.15m to $1.08m.

Escher specialises in point-of-sale e-commerce software solutions for leading international postal agents.