Quorum Information Technologies Reports 3% Revenue Increase and Stable EPS in Q2 2025 Results
Reuters
Aug 28
Quorum Information Technologies Reports 3% Revenue Increase and Stable EPS in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results
Quorum Information Technologies Inc. reported its financial results for the second quarter of 2025, showing a 3% increase in total revenue to $10.3 million compared to the same period in 2024. The company's SaaS revenue saw a modest increase of 1% to $7.3 million, while BDC revenue experienced a substantial rise of 11% to $2.7 million. The gross margin improved by 2% to $5.0 million. Adjusted EBITDA for Q2 2025 was reported at $1.8 million, marking a decrease of $0.1 million from Q2 2024. However, Cash EBITDA increased by 3% to $1.4 million compared to the previous year. Additionally, the company successfully paid off the final $0.8 million of its Cash Flow Loan component of the BDC Capital Loan Facility. The company attributes its performance to the efforts of its employees and its integrated suite of 13 software solutions and services, which are crucial to its growth strategy and the success of its automotive dealership customers.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quorum Information Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9519394-en) on August 27, 2025, and is solely responsible for the information contained therein.
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