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OBSE: 22% ARR growth and positive EBITDA in Q2, with global expansion accelerating

OBSE: 22% ARR growth and positive EBITDA in Q2, with global expansion accelerating

Observit AbJuly 18, 20245
OBSE: 22% ARR growth and positive EBITDA in Q2, with global expansion accelerating

About this update from Observit Ab

Recurring software revenue grew 22% year-over-year in Q2, with improved margins and positive EBITDA. Hardware sales delayed to H2 2024, but international expansion and new contracts drive optimism for continued growth.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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