Brief: Pexip Holding Q2 Annual Recurring Revenue Up At USD 9.1 Mln

Pexip Holding ASA

02/07/2020 15:34

July 2 (Reuters) - Pexip Holding ASA  PEXIP.OL :
    * VIDEO COMMUNICATIONS COMPANY, PEXIP, ANNOUNCES CONTINUED
STRONG
SALES
    * REPORTED AN INCREASE IN ARR OF USD 9.1 MILLION DURING Q2
    * CONTRACT BASE MEASURED IN ANNUAL RECURRING REVENUE (ARR)
OF USD
65.8 MILLION, GIVING A YEAR-ON-YEAR GROWTH IN ARR OF 64%
    * IS TRACKING AHEAD OF ITS PLAN TO REACH USD 300 MILLION IN
ARR BY
2025

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

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