TSX:KXSSoftware
Kinaxis (TSX:KXS) Stock Catches Up As AI Demand Turns Into Growth
Kinaxis came into this earnings print with its stock at CA$169.96 and sitting on solid short term gains, up roughly 4.6% over 7 days and 8.2% over 30 days. The market had been rewarding the story of a premium supply chain software company with strong growth expectations.
The headline today is simple. Kinaxis turned that story into hard numbers in Q2 with revenue of US$158.8m and net income of US$21.2m, underpinned by double digit growth in annual recurring revenue and software as a service...