73% increase in revenue marks ‘pivotal year’ for WANdisco
WANdisco, the Sheffield and California big data specialist, has reported a record 2017 - with revenues up 73% to $19.6m.
Publishing its annual results to December 31 2017, the firm said it had secured record bookings; up 45% year-on-year to $22.5m, from $15.5m in 2016. The firm is still looking to achieve a break even cash flow and in 2017 reported a loss from operations $13.5m, from losses of $9.3m in 2016.
Pre-tax losses of $10m were reported, up from pre-tax losses of $18 in 2016. Its adjusted EBITDA loss stood at... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
