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Integrated Research Limited Reports Growth in New Business Amid Revenue Decline

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Integrated Research Limited Reports Growth in New Business Amid Revenue Decline

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Integrated Research Limited ( (AU:IRI) ) has shared an announcement.

Integrated Research Limited reported significant growth in new business, with a 76% increase to $7.6 million, despite a decline in total contract and statutory revenue due to a softer renewal cycle. The company remains debt-free with strong cash reserves, focusing on a product-led growth strategy and announcing a new product launch with a major US bank as a foundation client.

More about Integrated Research Limited

Integrated Research Limited is a global leader in technology that analyzes data to help enterprise clients optimize their IT ecosystems.

YTD Price Performance: 1.43%

Average Trading Volume: 200

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $50.67M

For detailed information about IRI stock, go to TipRanks’ Stock Analysis page.

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