Canada's Intouch Insight Q2 revenue rises on SaaS, merchandising growth
Canada's Intouch Insight Q2 revenue rises on SaaS, merchandising growth
Overview
Canada customer experience solutions firm's Q2 revenue rose 8% yr/yr on organic growth
Company posted net loss, narrowing from prior yr's larger loss due to prior impairment
Gross margin fell to 46.7% from 50.4% due to product mix and pricing
Outlook
Company maintains 2026 outlook for double-digit organic revenue growth by year end
Company expects 2026 merchandising revenue to exceed $1 mln
Intouch expects Q3 merchandising revenue to surpass first-half total based on signed contracts
Result Drivers
ORGANIC GROWTH - Co said Q2 revenue rose due to organic growth in SaaS, merchandising and recurring services revenue
PRODUCT MIX AND PRICING - Co said gross margin fell due to mix of product sales and growth of competitively priced programs
MERCHANDISING REVENUE - Merchandising revenue contributed in Q2 for the first time
Company press release: ID:nCNWS6Ss6a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Gross Margin |
| 46.7% |
|
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(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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