Brief: Pexip Holding Aims At Returning To Positive EBITDA During 2023

Pexip Holding ASA

09/12/2021 06:14

Dec 9 (Reuters) - Pexip Holding ASA  PEXIP.OL :
    * PEXIP'S STRATEGY IS TO FOCUS ON THREE CORE AREAS: VIDEO INFRASTRUCTURE, CRITICAL VIDEO
MEETINGS,
AND VIDEO ENABLEMENT.
    * IS WELL POSITIONED TO DELIVER ON ITS LONG-TERM GUIDANCE OF 25% ANNUAL REVENUE GROWTH AND
25%
EBITDA MARGIN, AS WELL AS REACHING TARGET OF USD 300 MILLION IN ARR BY 2024
    * INVESTMENTS IN SALES AND TECHNOLOGY WILL DRIVE IMPROVED PROFITABILITY IN 2022 TOWARDS
RETURNING
TO POSITIVE EBITDA DURING 2023

Source text for Eikon:  ID:nObixrYmwa 
Further company coverage:  PEXIP.OL 

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