Softchoice Corporation (TSE:SFTC) has released an update.
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Softchoice Corporation has reported a robust first quarter in 2024 with a 9% increase in Software & Cloud gross profit, driven by a growing customer base and strong demand for public cloud and security solutions. The company’s adjusted EBITDA saw a 4% uptick, and they successfully reduced net debt by $68M, returning $24M to shareholders. Amidst these financial achievements, Softchoice launched a new AI Solutions team, positioning themselves as leaders in consulting for Microsoft 365’s Copilot adoption.
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