Sage Earnings Surge

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The Sage Group, parent of Best Software, says its pre-tax profit grew by 20 percent, while revenue increased by 29 percent for its year ended September 30.The preliminary financial report shows that North American revenue rose to about $525.7 million, up 30 percent from fiscal 2003, while the operating margin dropped to 22 percent, down from 25 percent last year.

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