TECSYS Inc. J (TSE:TCS) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Tecsys Inc. has reported a record revenue for the fourth quarter and the entire fiscal year of 2024, highlighting a significant 39% increase in SaaS revenue and a 43% rise in SaaS Remaining Performance Obligations. The company’s president and CEO expressed confidence in continued growth and market expansion, while the CFO forecasted margin expansion in the coming fiscal years. These robust financials were propelled by record SaaS subscription bookings and an overall revenue increase of 7% compared to the previous year.
For further insights into TSE:TCS stock, check out TipRanks’ Stock Analysis page.