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Coheris ( (FR:COH) ) has provided an announcement.
COHERIS reported a stable business revenue of €13.5M for the 2024 fiscal year, with a notable shift towards subscription-based revenue, which now constitutes 51% of their total earnings. The company’s strategic shift is evident in the decrease of perpetual licenses and maintenance revenue, reflecting a broader market trend towards subscription models, impacting their financial structure and potentially benefiting stakeholders through more predictable revenue streams.
More about Coheris
COHERIS is a prominent French publisher specializing in CRM solutions, customer intelligence, RCU, and Data Analytics. Their products focus on artificial intelligence, performance management, and predictive applications, integrated into the Customer Engagement Suite by the ChapsVision Group. Serving over 500 companies across 80 countries, COHERIS provides operational, analytical, and predictive solutions to enhance client performance.
YTD Price Performance: 1.13%
Average Trading Volume: 11
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €51.51M
Find detailed analytics on COH stock on TipRanks’ Stock Analysis page.