Lawson CEO Won't Blame the Economy

ERP software

Debes reported earnings to financial analysts this week that, he said, were at the top end of the company's forecasts. However, Debes noted that the St. Paul, Minn.-based company's services revenue lagged forecasts. Here is how he explained it:

Debes continued to explain that changes have been made as the company tries to to fix things, and Lawson has taken measures including changing personnel and changing procedures.

Lawson stock this week is up 47 cents per share, to $8, but was dipping a little bit before the stock market opened on Friday.