Overview
NRC Q2 TRCV grows 2% sequentially, marking third consecutive quarter of growth
Adjusted EBITDA margin stable at 30% despite non-recurring executive compensation
Company repurchased 381,736 shares, returning $16.1 mln to shareholders
Result Drivers
TRCV GROWTH - 2% sequential increase in TRCV, driven by improved new logo sales, cross-sells, and customer retention
SALES TEAM STRENGTH - Stronger sales team and resonating product portfolio credited for improved customer retention
COST CONTROL - Adjusted EBITDA margin stable at 30% due to cost control initiatives and higher revenue per FTE
Key Details
Press Release: ID:nBw4xvdWfa
(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.)