We are delighted to announce that we continued our growth momentum as we reported $328.2M in revenue in Q1 FY25, delivering 16.0% year-over-year growth. Our unwavering focus on innovation and quality, collaboration with ecosystem partners, and pioneering work across industry verticals and service lines, have contributed to our differentiated market position and success. Learn more about our performance: https://lnkd.in/g9SCb_Ty #Q1FY25 #ThePersistentWay #SeeBeyondRiseAbove
I am delighted to share that we started the new fiscal year with a strong performance, delivering $328.2M in quarterly revenue - a growth of 5.6% Q-o-Q and 16.0% Y-o-Y. This quarter marked the 17th sequential quarter of growth, a direct result of our ability to deliver positive business outcomes amidst a rapidly evolving market landscape. I would like to thank our clients, partners, employees, shareholders, and other stakeholders for their ongoing support and trust. We have made conscious investments over the quarters and have pivoted to an AI-led, platform-driven services approach. We are deepening our hyperscaler partnerships and have developed a suite of innovative solutions. Our focus on resilience, ingenuity, and future-readiness continues to drive our success, enabling us to push boundaries and set new benchmarks in the industry. Ms. Roshini Bakshi retired as an Independent Director from our Board after a decade. We thank her for her leadership and guidance. We are delighted to welcome Ms. Anjali Joshi as an Independent Director. Her vast expertise as a technology leader will enrich our Board and guide us on our growth journey. Onwards and upwards! Read more about our Q1 FY25 performance here: https://lnkd.in/esEQrjGc #ThePersistentWay #FutureReady #AI #PlatformDriven #BusinessGrowth Anand Deshpande Vinit Teredesai Sunil Sapre Mukesh Agarwal Ayon Banerjee Dhanashree Bhat Saurabh Dwivedi Yogesh Patgaonkar, MCC, Pooja Jugran Gurvinder Singh S. Persistent Systems