Revenues at Intouch Insight (TSX-V:INX) continued to climb steadily as the Ottawa firm reported initial income from its new customer experience platform on Tuesday.
Intouch Insight reported revenues of $3.9 million for the three-month period ending Sept. 30, an increase of seven per cent year-over-year.
The Ottawa-based company, which has spent years and millions of dollars in R&D on a new customer experience management platform, saw its first revenues from the new SaaS product in the third quarter. Its LiaCX platform brought in $16,667 from an unnamed but “significant customer,” the firm said in a release.
OBJ360 (Sponsored)
City of Cornwall serves up natural beauty, rich history and modern amenities
An appealing, accessible destination for all A beautiful riverside city steeped in history, Cornwall offers visitors a chance to embrace modern experiences, connect with nature and immerse themselves in the
Hard Rock Hotel & Casino Ottawa is the company’s new Canadian jewel
There’s a buzz of excitement at Hard Rock Hotel & Casino Ottawa as a $350-million transformation of the former Rideau Carleton Raceway nears completion. This high-energy entertainment destination will soon
CEO Cameron Watt says the company expects revenues from the product to grow substantially as Intouch orients its strategies around a new offering.
“We are now fully entrenched in the sales and marketing of LiaCX and continue to execute on our go-to-market plan,” he said in a statement.
Intouch Insight reported a net loss of $590,000 for the quarter compared with net income of $33,000 a year ago. The firm attributed the swing to sales efforts surrounding the new product.
