Clavister Q3 2021: Recurring revenues up 24%, positive EBITDA
November 11, 2021, Örnsköldsvik, Sweden. Clavister, a leader in high-performance cybersecurity solutions, released its latest quarterly report for 2021.“We continue to grow our recurring revenues, up by 24% year-on-year in the third quarter. This is in line with our strategic direction of shifting to a pre-dominantly recurring revenue business model. Strong gross margin of 87% combined with controlled OPEX provided for positive EBITDA in the quarter.” John Vestberg, President and CEO The Third Quarter · Order Intake amounted to 26.5 (35.1) MSEK. · Net Sales amounted to 33.1 (