Company says it now expects revenues for the current fiscal year to fall between $216 million and $220 million, up from earlier projections of between $211 million and $215 million.
CEO says Kanata-based software firm could generate more business from retail than all other sectors it now serves combined.
Company's shares Shares jumped more than 10 per cent Thursday afternoon after the company said it remains on track to hit its 2020 revenue targets.
Increasing subscription revenue reflects the growth potential of Kinaxis’s software-as-a-service offering, CEO Doug Colbeth said while reporting the company’s third-quarter results late Thursday.