CXENSE ASA ANNOUNCES FOURTH QUARTER AND PRELIMINARY YEAR END RESULTS FOR 2016
OSLO, NORWAY – FEBRUARY 22, 2017 - CXENSE ASA TODAY REPORTED FINANCIAL RESULTS FOR THE FOURTH QUARTER ENDING DECEMBER 31, 2016. Highlights: ·2016 was marked by strong growth within Cxense’s core business, software for personalization of websites and apps ·Full-year 2016 group revenue up 40% to USD 25.5 million ·Q4 data management & personalization software revenue up 31% year-over-year to USD 4.5 million ·EBITDA reflects investments in the company’s sales and overall growth capacity ·Ramping-up sales team with substantial increase in number of sales