8K Miles

By Research Desk
about 8 years ago
8K Miles

 

8K Miles Software Services is a global Cloud, SaaS and security solutions company based in the San Francisco Bay area.

The company posted a strong set of numbers for Q1FY17. On a 21% (QoQ) rise in consolidated revenue, the company posted a net profit of Rs.19 crore, up 57%.  EBITDA was up 40% at Rs.37 crore. EBITDA margins improved to 35.4% v/s 30.5% in Q4 and 31.4% in previous Q1.

The company has postponed its foray into the United Kingdom, following Brexit. Currently, the company has no exposure to Europe or Britain.

36.25 (-0.07)

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