Axway Software – 1 st Quarter 2020: Signatures up over the period, supported by Subscription activity
Axway Press Releases
PARIS - April 23, 2020 - As early as mid-March 2020, Axway (Euronext: AXW.PA) implemented an action plan to address the COVID-19 global crisis. The Company immediately ensured strict compliance with local regulations and recommendations in each of the countries where it operates. As a priority, the Group focused on ensuring its ability to continue to provide the solutions, subscriptions and services necessary to its customers.
- Further acceleration in Subscription revenue and Annual Value of new Contracts (ACV)
- Signature Metric up 5.0% organically over the period
- Business continuity plan effectively implemented in the context of the COVID-19 pandemic
- Resilient Maintenance activity despite a contraction in License sales