Revenue: $99.2 million (down 6.9%)
EBITDA: $23.3 million (down 31.7%)
Net profit: $10.9 million (down 43.8%)
Shares: $3.76 (down 30%)
Delays in some customer contracts brought down Citadel’s results, along with slowed customer spending during the Federal Election in May 2019.
On the upside, Citadel’s software/SaaS revenue grew 23 percent, which chief executive Darren Stanley said was proof that the company’s strategy to transform into a global SaaS provider was the right strategy.
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