Eagle Eye Solutions Accelerates SaaS Transition with Landmark OEM Partnership

Eagle Eye Solutions ( (GB:EYE) ) has provided an announcement.

Eagle Eye Solutions has announced a significant OEM partnership with a global enterprise software leader, marking a pivotal moment in the company’s transition to a SaaS-focused business model. Despite a decline in Professional Services revenue and a slower sales cycle, the company anticipates strong SaaS revenue growth and improved EBITDA margins due to increased recurring revenue from major multi-year contracts and strategic partnerships. This transformation positions Eagle Eye for substantial revenue growth and market expansion, underscoring their long-term goal of £100m in revenue.

More about Eagle Eye Solutions

Eagle Eye Solutions is a leading SaaS and AI technology company specializing in digital connections for personalized, real-time marketing at scale. The company focuses on transforming its business into a high-margin, fully scalable SaaS model, aiming to expand its market reach through global partnerships.

YTD Price Performance: -2.08%

Average Trading Volume: 27,640

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £139.5M

For detailed information about EYE stock, go to TipRanks’ Stock Analysis page.