Cxense ASA: End of quarter recurring revenue update
Oslo, Norway - 15 July 2019 - Cxense ASA (OSE: CXENSE) today announced that it in Q2 2019 signed 16 new contracts with Quarterly Recurring Revenue (QRR) effect of USD 171.7 thousand for the company's data management platform (DMP) with intelligent personalization. Full QRR effect from 17 contracts notified to be terminated in Q2 2019 was USD 190.1 thousand for the core business. As a result, net new QRR from new and lost contracts was USD -18.4 thousand. New QRR Q1 2019 Q2 2019 Change %New QRR from new clients 61.6 131.9 114.1%New QRR