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Quisitive Stays Optimistic Despite Revenue Dip

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Quisitive Stays Optimistic Despite Revenue Dip

Quisitive Technology Solutions (TSE:QUIS) has released an update.

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Quisitive Technology Solutions, a leading Microsoft Cloud and AI solutions provider, reported a slight decline in second quarter revenue for 2024, citing decreased professional services demand, but saw an increase in managed services and software licensing revenue. The company also achieved a record 41.9% in recurring revenue and reaffirmed its full-year guidance, signaling confidence for growth in alignment with Microsoft’s AI strategy.

For further insights into TSE:QUIS stock, check out TipRanks’ Stock Analysis page.

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