Martello’s revenues fall 2% in fiscal 2024 as customers migrate to new products
Martello Technologies says its revenues fell two per cent in fiscal 2024 compared with the previous year as the Kanata firm continues to phase out
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John Proctor
Martello revenues tick up 4% in Q2 amid rising sales of flagship Vantage DX software
Martello Technologies put the brakes on its protracted sales skid in the second quarter, generating four per cent more revenue than it did the previous
Former CEO John Proctor leaves Martello Technologies after six years at helm
Martello Techologies CEO John Proctor has left the company after nearly six years at the helm. The Kanata-based software firm announced Proctor’s departure Monday morning.
Martello’s sales slide continues as Kanata firm shifts to new flagship platform
Martello Technologies’ bumpy financial ride continued in the first quarter of fiscal 2024 as the Kanata-based company reported a four per cent year-over-year drop in
Martello’s revenues fall 9% in Q3 as shift to new platform continues
The Kanata-based firm, which makes wireless network troubleshooting software, reported sales of $4.05 million for the three-month period ending Dec. 31, down from $4.45 million
Martello’s sales fall in Q2 as software firm phases out legacy products
Kanata-based company that makes wireless network troubleshooting software reported sales of $3.8 million in the three-month period ending Sept. 30, down 13 per cent from
Martello reports drop in revenues in Q1 2023 as firm seeks path to profitability
Kanata-based software maker posted total sales of $4.2 million for the three-month period ending June 30, down from $4.4 million in the first quarter of
‘We have to be more focused’: Martello cuts 15% of workforce in bid to become cash-flow positive
Staff reductions are part of a company-wide effort aimed at reducing Kanata software firm’s overall expenditures by 20 per cent, or about $4 million a
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