Brief: Relesys Reports 40% Year-Over-Year Growth In ARR In H1 2022

Relesys A/S

29/08/2022 19:35

Aug 29 (Reuters) - Relesys A/S  RELES.CO :
    * REPORTS 40% YEAR-OVER-YEAR GROWTH IN ANNUAL RECURRING
REVENUE IN
H1 2022.
    * CURRENT FINANCIAL GUIDANCE IS KEPT UNCHANGED
    * ARR INCREASED FROM DKKM 27.4 IN H1 2021 TO DKKM 38.2 IN H1
2022,
CORRESPONDING TO 40% YEAR-OVER-YEAR GROWTH
    * REVENUE INCREASED FROM DKKM 15.5 IN H1 2021 TO DKKM 20.7
IN H1
2022, CORRESPONDING TO 34% GROWTH YEAR-OVER-YEAR
    * EXPECTS REVENUE TO GROW TO DKKM 41-45 AT END OF 2022
    * EXPECTS CONTINUED GROWTH IN ARR AND MAINTAINS ARR GUIDANCE
OF
DKKM 40-42 AT END OF 2022

Source text for Eikon:  ID:nWkr9JnhQW 
Further company coverage:  RELES.CO 

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