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PCI PAL ( (GB:PCIP) ) has provided an announcement.
PCI Pal PLC announced a strong performance in the first half of 2024, achieving record new business with an Annual Contract Value exceeding £1.9 million. The company saw a 21% increase in Annual Recurring Revenue and a 26% rise in overall revenue year-on-year, reflecting the success of their strategy to expand in the global contact center market. The CEO expressed optimism about the company’s future, citing a robust sales pipeline and ongoing growth in the enterprise customer base.
More about PCI PAL
PCI Pal is a prominent provider in the Software-as-a-Service (SaaS) sector, offering secure payment solutions that help businesses adhere to industry regulations and mitigate risks from non-compliance and data breaches. Their solutions cover various communication channels such as voice, chat, social media, email, and contact centers, and are integrated with leading business communication vendors and payment service providers. PCI Pal’s services are delivered through a global cloud platform hosted on Amazon Web Services (AWS), with regional instances in EMEA, North America, and ANZ.
YTD Price Performance: 13.71%
Average Trading Volume: 89,367
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £51.07M
Learn more about PCIP stock on TipRanks’ Stock Analysis page.