CDC Software, a unit of diversified CDC Corp., today reported revenue of $50.5 million in the first quarter ended March 31, a 17% drop compared with $60.5 million in the year-earlier period. License revenue was down 34% to $7.3 million, from $11.0 million a year earlier, while maintenance revenue of $24.2 million was nearly flat withlast year. Revenue from consulting services dropped 19% to $18.7 million.
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