Kinaxis executives struck a confident tone during the Ottawa firm’s third quarter conference call on Friday, but a drop in the firm’s full-year guidance saw its share price take a significant hit
Kinaxis has a new executive in charge of its supply chain software, picking up a long-time Ottawa tech player from a recently acquired firm.
Kinaxis shares sank Thursday morning despite CEO John Sicard championing the “predictability” of the Ottawa firm’s growth.
Revenues for this past year were US$133 million, up from US$116 million in 2016.
Kinaxis CEO John Sicard was recognized as the overall winner in EY's Entrepreneur Of The Year 2017 Ontario program.
Kinaxis is one of those companies that demonstrates the resilience of Ottawa’s tech sector.
Q2 revenues up 14% to $32.9M
Kinaxis Inc. executives struck a confident tone during the firm’s quarterly earnings call on Thursday morning as revenue growth and successful channel partnerships bolstered its first-quarter results.
Ottawa-based Kinaxis Inc.
Kinaxis (TSX:KXS) said a growing customer base helped the Ottawa-based firm record a sharp increase in third-quarter revenues, although higher expenses dragged down the software company’s profits.