Newgen Software Crosses
The management of
Speaking about the results,
'We are happy to see enterprises optimizing their business operations, increasing productivity, and promoting collaboration by utilizing NewgenONE platform. Our subscription revenues have witnessed a steady and robust growth of 31% YoY. We have large order booking indicating more assured revenues.' said
Key Consolidated Financial Highlights (FY'23)
Revenue from operations (consolidated) at
Subscription revenues (ATS/AMC, cloud, and subscription license) were at
Revenue from the sale of products/license were at
Profit after tax at
Key Consolidated Financial Highlights (Q4 FY'23)
Revenue from operations (consolidated) witnessed strong growth reaching
Subscription revenues (ATS/AMC and cloud/subscription license) were at
Revenue from the sale of products/license were at
Profit after tax stable at
Key Business Highlights (Q4 FY'23)
Recognized as a 'Leader' in the Forrester Wave: Content Platforms, Q1 2023, authored by
(https://newgensoft.com/company/press-releases/newgen-named-as-a-leader-in-analyst-report-on-content-platforms-q1-2023/)
Acknowledged as a 'Strong Performer' in the Forrester Wave: Robotic Process Automation, Q1 2023 Report, authored by Bernhard Schaffrik, et al.
(https://newgensoft.com/company/press-releases/newgen-recognized-strong-performer-analyst-report-robotic-process-automation-q1-2023/)
11 new customer logos addition in the quarter; 47 new customer logos addition during the year
Growing large customer base - 51 customers with over
Key Business Highlights (Q4 FY'23)
Enhanced growth across regions with
Accelerated performance in Banking & Financial Services, Insurance, and Government/PSU verticals.
About Newgen
Newgen is the leading provider of a unified digital transformation platform with native process automation, content services, communication management, and AI/ML capabilities. Globally, successful enterprises rely on Newgen's industry-recognized low code application platform to develop and deploy complex, content-driven, and customer-engaging business applications on the cloud. From onboarding to service requests, lending to underwriting, and for many more use cases across industries, Newgen unlocks simple with speed and agility.
For more details, visit www.newgensoft.com
(C) 2023 Electronic News Publishing, source