June 21, 2024

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Optiva Inc. Reports Fourth Quarter 2023 Financial Results

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All amounts are stated in United States dollars unless otherwise indicated

  • Revenue of $12.0 million
  • Robust sales pipeline with three additional customer wins
  • Total Contract Value (“TCV”)1 bookings of $24.3 million
  • Gross margin of 63%
  • Adjusted EBITDA1 loss of $1.8 million
  • Adjusted EPS1 loss of $(0.65)
  • $20.4 million of cash on the balance sheet

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TORONTO, March 06, 2024 (GLOBE NEWSWIRE) — Optiva Inc. (“Optiva” or “the Company”) (TSX:OPT), a leader in powering the telecom industry with cloud-native billing, charging and revenue management software on private and public clouds, today released its fourth quarter financial results for the three-month and full-year period ended December 31, 2023.

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GlobeNewswire

2024-03-06 18:59:04

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