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Eagle Eye Solutions ( (GB:EYE) ) has provided an announcement.
Eagle Eye Solutions has announced a significant OEM partnership with a global enterprise software leader, marking a pivotal moment in the company’s transition to a SaaS-focused business model. Despite a decline in Professional Services revenue and a slower sales cycle, the company anticipates strong SaaS revenue growth and improved EBITDA margins due to increased recurring revenue from major multi-year contracts and strategic partnerships. This transformation positions Eagle Eye for substantial revenue growth and market expansion, underscoring their long-term goal of £100m in revenue.
More about Eagle Eye Solutions
Eagle Eye Solutions is a leading SaaS and AI technology company specializing in digital connections for personalized, real-time marketing at scale. The company focuses on transforming its business into a high-margin, fully scalable SaaS model, aiming to expand its market reach through global partnerships.
YTD Price Performance: -2.08%
Average Trading Volume: 27,640
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £139.5M
For detailed information about EYE stock, go to TipRanks’ Stock Analysis page.