WorkWave Achieved Strong Growth Across Its Portfolio With a Focus on Internationalization and Modernization as It Closes Q1 2024
HOLMDEL, N.J., May 2, 2024 /PRNewswire/ -- WorkWave®, a leading provider of SaaS software solutions that support every stage of a service business's life cycle, announces its strong Q1 2024 financial results and strategic priorities for the remainder of the year.
- WorkWave entered 2024 with strong momentum driven by nearly 40% year-over-year bookings growth in 2023, driven primarily by substantial deals with the largest service providers in all core WorkWave industries, setting the stage for strong revenue growth in 2024.
- Enterprise bookings continued to show WorkWave's leadership amongst these large service providers, with bookings growing 29% YOY outside of previous large enterprise deals.
- While WorkWave's enterprise-level customers have a significant impact on the business, WorkWave continues to diversify its business down-market, internationally and into additional verticals.
- As additional signs of WorkWave's strong performance, the mid-to-small business segments grew bookings nearly 80% YOY and international markets grew bookings at 26% YOY for Q1.