Brief: Exasol Says FY Annual Recurring Revenue Up At EUR 24.1 Mln

Exasol AG

23/02/2021 06:48

Feb 23 (Reuters) - EXASOL AG  EXLn.DE :
    * TRADING UPDATE FOR 2020 AND OUTLOOK FOR 2021
    * FY REVENUE ROSE 9 PERCENT TO 23.6 MILLION EUR
    * OUTLOOK FOR 2021: EXASOL EXPECTS TO INCREASE ARR BY MORE
THAN
45% COMPARED TO 2020
    * ANNUAL RECURRING REVENUE (ARR), GREW BY 37% TO EUR 24.1
MILLION
IN BUSINESS YEAR 2020
    * FY GROUP REVENUES STOOD AT EUR 23.6 MILLION (PRELIMINARY
AND
UNAUDITED) REFLECTING AN INCREASE OF 9% COMPARED TO 2019
    * IN BUSINESS YEAR 2020, Y-O-Y ARR WAS UP BY 37% TO EUR 24.1
MILLION - IN-LINE WITH MANAGEMENT'S GUIDANCE

Source text for Eikon:  ID:nEQ3XKfqFa 
Further company coverage:  EXLn.DE 

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