Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, announces it has reached a significant milestone as its Software Annual Recurring Revenue (ARR), a forward-looking indicator of future subscription revenue, surpassed €202 million at the end of the third quarter of the 2023 fiscal year, started on February 1, 2023. Growth in ARR has been accelerating since 2019 with a change in business model from license t
Good momentum maintained in Q3 2023, at the same pace as in H1, leading to a 6th consecutive quarter of organic revenue growth Key highlights Both Q3 2023 and 9M 2023 consolidated sales up 2.0% organically(1) with 9M 2023 revenue at €785 million9M 2023 subscription-related revenue up +3.6% on an organic basis, representing 71% of total revenue €200m ARR(2) threshold crossed for the Software Solution Strong performance from North America with all three solutions contributing to the +4.4% organic
Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, announces a new partnership to enhance its accounts receivable (AR) automation offering with Altares, a business data expert that designs decisioning solutions and analytics of the economic performance of private and public-sector organizations. Altares, a member of the international Dun & Bradstreet network, draws on a database of more than 500 million com