Cxense ASA - End of quarter recurring revenue update
Oslo, Norway - 11 April 2019 - Cxense ASA (OSE: CXENSE) today announced that it in Q1 2019 signed 16 new contracts with Quarterly Recurring Revenue (QRR) effect of USD 129.6 thousand for the company's data management platform (DMP) with intelligent personalization. Full QRR effect from 12 contracts notified to be terminated in Q1 2019 was USD 118.9 thousand for the core business. As a result, net new QRR from new and lost contracts was USD 10.7 thousand. New QRR Q4 2018 Q1 2019 Change %New QRR from new clients 147.6 61.6 -58.3%New QRR from