Kinaxis (TSE:KXS) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kinaxis Inc. has reported a robust first quarter in 2024, with a significant 16% growth in SaaS revenue and a 15% increase in annual recurring revenue, highlighting the company’s continued addition of new brands to its customer base. The company also raised its full-year 2024 adjusted EBITDA guidance, reflecting a strategic focus on profitability. These results reaffirm Kinaxis’s leadership in the supply chain planning solutions market, as recognized by the 2024 Gartner Magic Quadrant.
For further insights into TSE:KXS stock, check out TipRanks’ Stock Analysis page.
