Reports Q2 revenue $53.1M, consensus $52.31M. Q2 Average Contract Value, calculated as total Annual Recurring Revenue divided by the number of active customers, grew from $48,148 as at June 30, 2023 to $52,822 as at June 30, 2024. “We are pleased to report second quarter results that surpassed our expectations for both revenue and profitability,” stated , Interim CEO and COO Alessio Artuffo . “Our leadership in the learning industry, along with the effective use of AI continue to set us apart from legacy competitors. We look forward to showcasing new capabilities at our upcoming Inspire Conference in Dallas next month.”
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