4C Strategies (4C), a leading software provider and consulting company, announces preliminary results for the third quarter 2023. The company discloses this information as it significantly deviates from general analysts’ consensus. The lower result is mainly due to a larger number of software deals being delayed and not converted as expected during the third quarter. This is primarily due to our North American segment.
The Company reports the following preliminary and unaudited result for the third quarter 2023.
MSEK | Q3 2023 | Q3 2022 | Jan- | Jan- |
Net sales | 49.1 | 81.0 | 224.4 | 240.3 |
Software revenue in relation to net sales | 53% | 72% | 62% | 65% |
Adjusted EBIT | -34.8 | 13.6 | -22.4 | 34.2 |
ARR | 110.5 | 99.8 | 110.5 | 99.8 |
The full financial report will be disclosed at 07.50 CET on
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