growth strengthening in the future? ~ growth strengthening in the future? . , , growth strengthening in the future? ., , , ., future? we actually still have a recession future? we actually still have a recession in future? we actually still have a recession in our future? we actually still have a recession in our forecast i a recession in ourforecast starting in the third quarter. the reason for that is that although consumer spending was very strong on a quarterly basis, 3.7%, a lot of that was front loaded. there was a surge in spending injanuary and sequentially, the spending has dropped. so february was weaker injanuary, and it looks like march was probably bigger than february as well. so the outlook for the consumer for the rest of the year is quite marked. but the rest of the economy and nonconsumer sectors, fixed investment, manufacturing, there was are all relatively weak and some of those sectors are probably in recession as well. it is a mild recession as well. it is a
Net revenue of $248.4 million in Q1, GAAP gross margin of 56.5% and non-GAAP gross margin of 60.3%
Infrastructure revenue was $46.3 million in Q1, up 46% sequentially and up 40% YoY
. | April 26, 2023
EARNINGS/SALES RELEASESFollowing Mercialys full set of figures earlier today, Wereldhave confirmed that occupancy ratios were down sequentially in Q1 23. As far as the sector is concerned, a material. | April 21, 2023
Managed services ACV at record high, up 1% versus prior year
XaaS down 13%, as demand declines sequentially for fourth straight quarter
ISG lowers 2023 industry growth forecast for XaaS to 15%,. | April 13, 2023
Quarterly revenue increased 23% sequentially and 19% year-over-year to $10.2 million, representing the highest quarterly level in three yearsQuarterly gross margin expanded to 73%, also marking. | April 5, 2023