Exclusive Networks Q3: Annualised cloud sales break €1bn one year after IPO

Exclusive Networks continues to show strong momentum as a public company in its third quarter 2022 financial results, one year on since its IPO.  Group IFRS revenues shot up 40 per cent to earn €809m in Q3. Cloud-based sales reached the €1bn mark in annualised run rate. Total gross sales surged 42 per cent to hit €1.1bn. Some 88 per cent of its gross sales increase was generated by growth from existing vendors, with new vendor signings (including Cymulate) and contract extensions ...