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Coheris Reports Stable Financials Amid Revenue Shift

Coheris Reports Stable Financials Amid Revenue Shift

Coheris (FR:COH) has released an update.

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Coheris, a software company, reported a slight decline in business revenue to €6.6 million in the first half of 2024, a -3.6% change from the previous year. However, they saw a positive shift with a +10% increase in subscription sales and a modest +1.7% increase in annual recurring revenues to €10.3 million. The company’s financial health appears stable with an improvement in net financial results and a solid operating income of €1,422K.

For further insights into FR:COH stock, check out TipRanks’ Stock Analysis page.

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