Kinaxis (TSE:KXS) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Kinaxis Inc. has reported a robust first quarter in 2024, with a significant 16% growth in SaaS revenue and a 15% increase in annual recurring revenue, highlighting the company’s continued addition of new brands to its customer base. The company also raised its full-year 2024 adjusted EBITDA guidance, reflecting a strategic focus on profitability. These results reaffirm Kinaxis’s leadership in the supply chain planning solutions market, as recognized by the 2024 Gartner Magic Quadrant.
For further insights into TSE:KXS stock, check out TipRanks’ Stock Analysis page.
