Tag: year-over-year (YOY)
Wesco International Q4 and 2022 results “stellar”
February 16, 2023SSN Staff
PITTSBURGH – Wesco International shoots for the stars this week after revealing an impressive performance following its financial postmortem for 2022 and fourth fiscal quarter results.
At a glance the company displayed record net sales of $5.6 billion in the fourth quarter, up 15 percent year-over-year (YOY). There was operating profit of $382 million with an operating margin of 6.9 percent (Adjusted EBITDA of $451 million, up 41 percent YOY; adjusted EBITDA margin of 8.1...
SecurityBridge expands as it achieves 100% YOY growth in License Revenue
February 14, 2023SSN Staff
INGOLSTADT, Germany – SAP security provider SecurityBridge has been enjoying a banner year with its 2022 highlights showing a 100% year-over-year (YOY) increase in license revenue.
The company said it’s currently securing over 4500 systems where they eliminate vulnerabilities and protect customers from cyber threats. The company’s financial performance has also led to increased growth with the company doubling in size throughout 2022 as it expands its footprint in the United...