Ottawa’s Intouch Insight announced positive first-quarter earnings and raised its guidance going forward as it continues to recover from the pandemic and works to fully incorporate recently-acquired…
Intouch Insights Ltd.
Company said Thursday it’s signed a contract to provide “geolocation data-capture services” across the U.S. to the NASDAQ-100 customer, which it declined to name.
Software firm generated revenue of $16 million for the fiscal year ending Dec. 31, 2021, up from $12.8 million a year earlier.
Ottawa software company's pandemic-delayed deal has been 18 months in the making, and CEO Cameron Watt is confident it will be worth the wait.
"We’ve seen customers coming back; we’ve actually started to get new business"
Ottawa software company blamed the drop on the economic effects of the pandemic.
Talks to acquire unnamed company were put on hold early last year due to the pandemic.
Software maker says it expects to deliver “double-digit growth” and higher earnings this year as economy bounces back.
Publicly traded Ottawa tech enterprise has seen its revenues nosedive during the pandemic.
Software firm posted a fourfold increase in net income in the quarter thanks to aggressive cost-cutting measures.