EQS-News: Nagarro’s preliminary numbers for FY 2023 show consistent performance and 6.5% revenue growth
March 13, 2024 - Nagarro, a global digital engineering leader, today announced its preliminary unaudited financial numbers for its full year ended December 31, 2023.
- March 13, 2024 - Nagarro, a global digital engineering leader, today announced its preliminary unaudited financial numbers for its full year ended December 31, 2023.
- Revenue grew to €912.0 million in 2023 against the guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%.
- Gross profit and Adjusted EBITDA were affected by excess capacity throughout the year because of the moderation in growth.
- Gross profit was €235.5 million in 2023, down from €247.1 million in 2022.