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IQGeo Group PLC - Cambridge, England-based software company - Wins contract extension for software licenses and services with an unnamed utility network operator in the US for USD600,000.
"We are very pleased to announce this major contract extension with an important utility customer. Not only does this highlight our successful strategy of growing recurring revenue with existing customers, it also illustrates the strong market demand for our cloud-first software architecture. The new solutions will drive even greater value for our customer, supporting ongoing growth opportunities for the future," Chief Executive Richard Petti says.
Current stock price: 68.60 pence
Year-to-date change: up 22%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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