Esker: 16% sales growth in Q3

(CercleFinance.com) - Esker reports sales for the third quarter of 2024 up 16% to 51 million euros (+17% at constant exchange rates), bringing the total for the first nine months of the year to 150.
2 million, an increase of 14%.

The software publisher points out that its SaaS activities drove growth over the past quarter (+16% at constant exchange rates), to represent 82% of the total, with subscription sales, up 26%, accounting for 59% of SaaS activities.

Given its performance since the start of the year, Esker confirms its sales growth target of +12 to +14% (excluding acquisitions and exchange rate effects) for 2024. At this level of activity, it forecasts an operating margin of between 12 and 13% of sales.

Copyright (c) 2024 CercleFinance.com. All rights reserved.