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Sylogist Ltd. Announces Q1 Growth and Dividend

Sylogist Ltd. Announces Q1 Growth and Dividend

Sylogist Ltd (TSE:SYZ) has released an update.

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Sylogist Ltd., a prominent SaaS firm serving the public sector, has reported a strong first quarter in fiscal 2024 with a 12% year-over-year increase in SaaS ARR to $28.5 million and an 18% rise in bookings. The company’s strategic partner collaborations contributed significantly to this success, with over a third of bookings being partner-attached. Additionally, Sylogist declared a dividend payout of $0.01 per share for its shareholders.

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

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