eXo Financial Results for Q2 – New Bookings Record
eXo achieves its highest bookings quarter ever with Q2 2014 results:
eXo breaks its historical bookings record with a great Q2 2014:
- Cross-product bookings up 17% Q/Q – third consecutive double-digit Q/Q growth since new product launch
- Especially strong growth in new Annual Recurring Revenue (ARR) – +24% Q/Q, triple-digit growth Y/Y
This growth was achieved with no negative impact on sales profitability metrics. Customer Acquisition Cost (CAC), Annual Customer Value, and Life Time Value remained stable over the period.
Growth trend starts showing in revenue figures – 22% growth Q/Q in revenue from products.
We expect this trend to continue in Q3.
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