Majesco (MJCO) Reports Q4 EPS of $0.08 on Revenues of $37.9M

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Majesco Announces Strong Fourth Quarter Product Revenue and Full Year Fiscal 2020 Results

May 28, 2020 4:30 PM EDT

Fourth quarter total revenue of $37.9M and Full year total revenue of $146.4M

Fourth quarter Adjusted EBITDA of $5.1M and Full year Adjusted EBITDA of $18.0M

Fourth quarter Net Income of $3.6M and Full year Net Income of $9.7M

Full Year product revenue of $61.8M up 33.2% year over year and represents 42.2% of revenue

Full Year cloud subscription revenue of $22.1M up 34.8% year over year and represents 15.1% of revenue

MORRISTOWN, N.J.--(BUSINESS WIRE)-- Majesco (NASDAQ:... More