Clavister announces improvement in Q3 recurring revenue

Thursday 28 October 2021 | 13:12 CET | News
Swedish cybersecurity provider Clavister has published preliminary third quarter figures, indicating a drop in order intake to SEK 26.5 million from SEK 35.1 million in Q3 2020. The unaudited figures put net sales at SEK 33.1 million in the third quarter for 2021, down from SEK 39.4 million a year earlier. Recurring revenue improved to SEK 21.0 million from SEK 16.9 million last time, in line with its strategy to shift predominantly to a recurring revenue business model.

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Categories: Internet / IT
Companies: Clavister
Countries: Sweden / World
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