
Nagarro Announces Q1 '24 Results, Posts Profitable Growth
EQS-News: Nagarro SE / Key word(s): Quarter Results/Quarterly / Interim Statement May 14, 2024 – Today, Nagarro, a global digital engineering leader, presented its unaudited financial numbers for Q1 2024 and released its three-month statement. In Q1 2024, revenue grew to €238.3 EBITDA increased by €5.2 Operating cash inflow in Q1 2024 rose to €25.9 The Net Promoter Score from the customer satisfaction survey conducted in Q1 2024 was 66. The company reduced 145 professionals (net) in Q1 2024 to 18,268. Monika Gupta, Managing Director of Nagarro, said,“Nagarro continues to be the digital transformation partner of choice for our clients. We anticipate that as confidence grows in the economy, there will be an upsurge in opportunities for digital transformation work with our clients, facilitating them to become human-centric, digital-first organizations.” Nagarro SE will hold its analyst and investors meeting as a video call to discuss the Q1 report 2024 on May 14, 2024, at 01:00 pm CEST (04:00 am PT / 06:00 am CT / 07:00 am ET / 12:00 pm BST / 03:00 pm GST / 04:30 pm IST / 07:00 pm SGT / 08:00 pm JST). Nagarro SE will hold its retail investors call to discuss the Q1 report 2024 on May 14, 2024, at 02:30 pm CEST (05:30 am PT / 07:30 am CT / 08:30 am ET / 01:30 am BST / 04:30 pm GST / 06:00 pm IST / 08:30 pm SGT / 09:30 pm JST). To attend, please register in advance at . * Nagarro has revised the definition of cost of revenues from Q1 2024 onwards to align it better with that of other IT services companies.
Nagarro, a global digital engineering leader, helps clients become fluidic, innovative, digital-first companies and thus win in their markets. The company is distinguished by its entrepreneurial, agile, and global character, its CARING mindset, and its Fluidic Enterprise vision. Nagarro employs around 18,250 people in 36 countries. For more information, visit . FRA: NA9 (SDAX/TecDAX, ISIN DE000A3H2200, WKN A3H220) For inquiries, please contact ... . 14.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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