tiprankstipranks
Trending News
More News >

SpiderPlus & Co. Sees Strong Growth in 2024

SpiderPlus & Co. Sees Strong Growth in 2024

SpiderPlus & Co. (JP:4192) has released an update.

Confident Investing Starts Here:

SpiderPlus & Co. anticipates a significant increase in digital transformation demand following new regulations and rising industry costs, contributing to a notable improvement in their financial performance for Q3 FY2024. The company’s annual recurring revenue reached 4.2 billion yen, marking a 28% increase quarter-over-quarter, and operating losses have been halved. Looking forward, SpiderPlus & Co. projects continued growth with year-end ARR expected to reach up to 4.7 billion yen.

For further insights into JP:4192 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1