Cxense ASA announces third quarter 2018 results
Oslo, Norway - 9 November 2018 - Cxense ASA today reported financial results for the third quarter ending 30 September 2018. Highlights: - Growth for core DMP and Personalization segment · 19% YoY and 3% sequentially · 15 new recurring revenue contracts including leading Asian media companies Singapore Press Holdings, Mainichi and Star Media Group · High churn driven by loss of one large customer - New leadership team in place, including CTO, CPO and CCO, successfully onboarded · New CFO hired (starting in December 2018) - 80% reported gross margin, up 1 pp from