tiprankstipranks
Trending News
More News >

Copperleaf Technologies Sees Strong Growth in 2023

Copperleaf Technologies Inc (TSE:CPLF) has released an update.

Copperleaf Technologies Inc. reports a significant year-over-year growth with a 30% increase in Annual Recurring Revenue reaching $60.2 million and a 21% rise in Q4 subscription revenue, achieving $13.6 million. Despite a competitive market, the company ended the fiscal year with a record $139.5 million backlog. Strategic alliances with major firms like SAP and Siemens, alongside a commitment to innovation and market expansion, are set to fuel continued growth into 2024.

For further insights into TSE:CPLF stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App