Majesco (MJCO) Reports Q1 Loss of $0.02/Share
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Majesco Announces Fiscal 2017 First Quarter Financial Results
August 2, 2016 4:01 PM EDTFirst Quarter Revenue up 40.5% Year on Year
Adjusted EBITDA Margin Improved to 3.1% over the Previous Quarter
MORRISTOWN, N.J.--(BUSINESS WIRE)-- Majesco, a global provider of core insurance software, consulting and services for insurance business transformation, today announced its financial results for the fiscal 2017 first quarter ended June 30, 2016.
I am pleased with our continued growth momentum demonstrated by the 40.5% increase in revenue over the same quarter last year, which represents the fourth consecutive quarter of revenue growth. As expected, profitability improved sequentially as we scale our business and... More
