Bambuser Continued Sturdy Enterprise Momentum within the Second Quarter with ARR Development of 118% Yr on Yr

STOCKHOLM, SWEDEN / ACCESSWIRE / July 27, 2022 / Bambuser AB (STO:BUSER)(FRA:5JL)

Bambuser reported a strong ARR of 120,1 MSEK, a rise of 118% in comparison with final yr. The expansion was primarily pushed by sturdy demand from enterprise prospects in North America and Europe. The money steadiness closed at 442,7 MSEK, adequate to take Bambuser to constructive money circulate.

The second quarter included important new contracts, expansions, and renewals with manufacturers corresponding to Shiseido, LVMH, Nars, Samsung Electronics UK, and Leroy Merlin. Compelling consumer information additional demonstrated the sturdy adoption pattern with the variety of distinctive viewers growing 286%

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