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INX Intouch Insight News Story

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Canada's Intouch Insight Q1 revenue rises on SaaS growth

Overview

Canada customer experience solutions firm's Q1 revenue rose 6% yr/yr to C$6.7 mln

Adjusted EBITDA declined due to higher spending on sales, marketing, and technology

Company expanded into grocery sector and invested in AI automation

Outlook

Company targets over $1 mln in merchandising revenue for the yr

Intouch Insight expects double-digit growth for the full yr

Company prioritizes top-line growth and market share over near-term profitability

Result Drivers

TECHNOLOGY & MARKETING INVESTMENT - Adjusted EBITDA decreased reflecting planned strategic investments in sales, marketing, and technology

SAAS & RECURRING REVENUE GROWTH - SaaS revenue rose 11% and recurring services increased 5%, contributing to overall revenue growth

Company press release: ID:nCNWFtfqFa

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueC$6.70 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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