Renoworks Software (TSE:RW) has released an update.
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Renoworks Software Inc. has reported a solid performance in the second quarter of 2024, with an 8% increase in revenue and a 21% rise in licensing revenue, contributing to a total revenue of $3,315,181. The company also saw a substantial improvement in its net loss, reducing it by approximately 68.1% from the same period last year, alongside an increase in gross margin to 74%.
For further insights into TSE:RW stock, check out TipRanks’ Stock Analysis page.
