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DIVIO_B: Subscription revenue up 11% in Q2, but losses widened as professional services fell

DIVIO_B: Subscription revenue up 11% in Q2, but losses widened as professional services fell

Divio Technologies Ab Class BAugust 15, 20243
DIVIO_B: Subscription revenue up 11% in Q2, but losses widened as professional services fell

About this update from Divio Technologies Ab Class B

Subscription revenue rose 11% in Q2 2024, but EBIT loss widened and professional services declined sharply. Cash position improved, and management expects further progress toward cash flow positivity as cost controls and sales initiatives take effect.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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