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QSC revenues down to EUR 87 mln in Q1

Monday 13 May 2019 | 15:43 CET | News
German service provider QSC reported revenues down to EUR 87.4 million in Q1 from EUR 94.1 million in the previous year's quarter, in line with expectations. It recorded significantly higher Cloud and Consulting revenues, offset by lower TC and Outsourcing revenues in Q1. Growth in the Cloud segment, with its core areas of Cloud Services and Internet of Things (IoT), accelerated yet further. Cloud revenues surged by 49 percent to EUR 10.6 million in Q1.

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Categories: Fixed
Companies: Plusnet / QSC
Countries: Germany
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