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Sectra's three-month interim report: Growing cloud recurring revenue

Source: PR Newswire

Cybersecurity & Data PrivacyTechnology & InnovationCompany Fundamentals

Sectra reported its first-ever recurring cloud-service revenue exceeding SEK 1.0 billion on a rolling 12-month basis. The company attributes the milestone to growth in cloud services. Overall, the update signals improving software/cloud traction without disclosing a broader earnings or guidance change in the excerpt.

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