This growth was primarily driven by its healthcare and life sciences vertical, and the troubled BFSI and software segments lagged. Despite the positive results, caution is advised going ahead. Persistent remains optimistic about delivering industry-leading growth in FY24, in contrast to larger IT sector peers who have been cautious about their revenue projections, with some even trimming their guidance for the year.
Persistent's impressive deal wins are driving optimism. In Q3, the total contract value hit a record high of $521.4 million with the annual contract value at $392.1 million, aided by deal renewals.
Denne historien er fra January 24, 2024-utgaven av Mint Mumbai.
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Denne historien er fra January 24, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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