NTG Clarity Networks (TSE:NCI) has released an update.
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NTG Clarity Networks has secured a significant $22 million contract renewal and expansion with a financial services customer in the Middle East. This deal, which highlights a 25% increase in resource headcount, strengthens NTG’s growth momentum and contributes to its backlog of over $100 million. The contract will support NTG’s aim to meet its 2024 revenue target and underscores a trend toward long-term, recurring revenue contracts.
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