Strong Cash Flow Performance
Generated $12.1 million in net cash from operating activities, a 55% increase over the prior year period, with a conversion of 124% of adjusted EBITDA into cash flow.
Debt Reduction Success
Reduced total debt by $8.7 million in the first quarter, with a net debt to trailing 12 months adjusted EBITDA ratio of approximately 1.2x.
Growth in New Customer Bookings
Observed a 42% increase in bookings from new customers compared to the previous quarter.
Increase in Large UCaaS Opportunities
Saw a 28% year-over-year increase in large UCaaS opportunities in the sales funnel.
Improved Net Promoter Scores
Significant improvements in Net Promoter Scores, reflecting enhanced customer service and account management.