Coveo Reports First Quarter Fiscal 2025 Financial Results
All comparisons are relative to the three.
MONTREAL and SAN FRANCISCO, July 18, 2024 /CNW/ - Coveo (TSX: CVO), a leader in AI-powered search and relevance, today announced its financial results for the first quarter of fiscal year 2025.
First Quarter Fiscal 2025 Financial Highlights
- Revenue was $84.5 million, a 10% increase compared to $76.6 million in the same quarter last year.
- Subscription revenue was $76.8 million, a 12% increase compared to $68.6 million in the same quarter last year.
- Adjusted EBITDA4 was $17 million compared to $18 million and ahead of guidance.
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