SECTB Q1 growth lifts recurring revenue on cloud and Imaging IT
Sectra reported strong Q1 growth: net sales up 26% and cloud recurring revenue up 75%, driven by Imaging IT and cloud adoption. It said Secure Communications’ temporary production issues are resolved and AI/SaaS transitions are accelerating growth.
Recurring revenue and operating profit grew strongly in Q1, driven by Imaging IT and cloud adoption, with net sales up 26% and cloud recurring revenue up 75%.
Secure Communications faced temporary production issues, now resolved.
AI and SaaS transitions are accelerating growth.Based on Sectra AB Cl…