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Coveo Reports Fourth Quarter and Fiscal 2024 Financial Results

Newswire.ca - Mon Jun 3, 3:01PM CDT

Fourth quarter SaaS Subscription Revenue(1) of $30.7 million, at the high end of guidance
Fourth quarter operating loss reduced by 38% year-over-year; net loss reduced by 44% 
Adjusted Operating Loss(2)of $0.8 million, well ahead of guidance
Fourth quarter cash flows from operating activities of $4.6 million, an improvement of 165% and well ahead of plan
Announces launch of C
$50 million substantial issuer bid, and intention to renew its normal course issuer bid following completion of the substantial issuer bid

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