Retalix's CEO Discusses Q2 2012 Results - Earnings Call Transcript (Prepared Remarks)
We continue to report improving non-GAAP operating margins due to our growth in revenues and careful management of our expenses. We reported a 9.9 percent non-GAAP operating margin in the second quarter versus 8.8 percent in the year ago second quarter and 9.4 percent in the sequential quarter. For the first six months of 2012 we had a 9.6 percent non-GAAP operating margin.
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