IFS Q3 2024 Financial Results: Record Growth Accelerated by Increasing Demand for Industrial AI reflected in ARR growth of 30% [Yahoo! Finance]
Quanta Services, Inc. (PWR)
Last quanta services, inc. earnings: 2/27 06:55 am
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quantaservices.com/2016annualreport/ir-info.html
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Source: Yahoo! Finance
LONDON Oct. 29, 2024 /PRNewswire/ -- IFS, the leading provider of enterprise cloud and Industrial AI software for the hardcore businesses that make, service, and power our planet, announces record growth for the third quarter, ending September 30, 2024 . Global organic growth supported by a strong partner community underpins IFS's strategy and robust financial performance. IFS Q3 Headline Results: Annual Recurring Revenue (ARR) increased by 30% YoY, further cementing IFS's position as a leader in industrial software solutions Software revenue showed a strong 20% YoY growth Customers adopting IFS Cloud in Q3 2024 grew 71% YoY helping to drive 46% YoY growth in Cloud Revenue Strategic acquisitions Q3 included the successful completion of two significant acquisitions: the CAN$1B acquisition of Copperleaf Technologies Inc. , a global leader in strategic asset management and asset investment planning (AIP); and the acquisition of EmpowerMX , an AI-powered aviation maintenance
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PWR
Earnings
- 10/31/24 - Beat
PWR
Sec Filings
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 10/10/24 - Form SC
- PWR's page on the SEC website