Toronto, Ontario: Quisitive Technology Solutions, Inc. reported their Q3 2024 Earnings Conference Call at 5:00 PM ET on November 25, 2024. The call featured company executives Mike Reinhart, Founder and CEO, and Scott Meriwether, CFO. The conference call also included notable participants from various financial institutions, such as Eight Capital and Ventum Financial Corp.
During the call, Reinhart highlighted the company’s solid performance in the third quarter of 2024, showcasing improvements in revenue and EBITDA. Quisitive’s cloud business maintained gross margins above 40%, reflecting growth both sequentially and year-over-year. The company’s focus on recurring revenue has also paid off, with a strong foundation for future growth.
Reinhart emphasized the importance of customer engagement and retention, noting that 90% of the company’s revenue comes from loyal customers. This reaffirms Quisitive as a strategic partner of choice for many clients. The company’s consistent efforts in building long-term relationships with customers have proven successful in driving revenue.
Overall, Quisitive Technology Solutions, Inc.’s Q3 2024 earnings call highlighted the company’s strong performance, particularly in its cloud business and focus on recurring revenue. With a solid foundation and commitment from anchor customers, Quisitive remains well-positioned for future growth and success in the technology solutions industry.