Brief: Pexip Q2 Annual Recurring Revenue Up At USD 92.7 Mln

Pexip Holding ASA

08/07/2021 06:06

July 8 (Reuters) - Pexip Holding ASA  PEXIP.OL :
    * PEXIP REPORTS 41% YEAR-ON-YEAR INCREASE IN ANNUAL
RECURRING
REVENUE
    * IN Q2 2021, PEXIP INCREASED ITS ARR WITH 41% YEAR-ON-YEAR
TO USD
92.7 MILLION
    * GENERATED NEW ARR (DELTA ARR) OF USD 5.5 MILLION IN Q2
2021,
COMPARED TO USD 9.1 MILLION IN Q2 2020 AND USD 2.4 MILLION IN Q2
2019
    * IS ON TRACK TO REACH USD 300 MILLION IN ARR BY 2024

Source text for Eikon:  ID:nWkr3dqQVG 
Further company coverage:  PEXIP.OL 

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