Software maker says it expects to deliver “double-digit growth” and higher earnings this year as economy bounces back.
Intouch Insights Ltd.
Publicly traded Ottawa tech enterprise has seen its revenues nosedive during the pandemic.
Software firm posted a fourfold increase in net income in the quarter thanks to aggressive cost-cutting measures.
Ottawa software firm said revenues dropped 71 per cent in the second quarter to $1.46 million, down from $5 million in the same period a year earlier.
Tech firm develops software to help brands solicit feedback from and better engage with their customers.
An Ottawa-based software company believes its path to positive cash flow is in the acquisition of a local data centre and co-location business
Intouch Insight says its latest acquisitions will immediately improve the Ottawa-based customer experience firm’s bottom line, as well as adding new channels for growth
Already serving well-known brands such as Sobeys and A&W, CEO Cameron Watt said in a statement that the firm also added 'new logos to its portfolio' this past quarter
A growing U.S. customer base helped propel Ottawa software firm Intouch Insight to record revenues in the first quarter of 2019, the company reported Friday.