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(Sharecast News) - Software-as-a-Service firm Pulsar has scored a major contract win with "one of the world's largest marketing and communications groups".
Pulsar said on Tuesday that it had secured a "major, multi-year contract" with the unnamed multinational marketing and communications company. It said the adoption of its platform was key to enabling the customer's focus on "exciting, AI-powered, audience-first strategies for their clients".
The AIM-listed firm stated the contract was expected to deliver 2.1m in annualised recurring revenues and 6.3m in total revenue over the life of the initial agreement.
Chief executive Joanna Arnold said: "This major contract is a testament to the strength of Pulsar's offering. Winning this mandate to replace multiple legacy competitor systems across a customer's global operations confirms our strategic position as the unified solution of choice for the world's largest and most complex organisations.
"This is the second contract win in the last 12 months where Pulsar has been able to expand its services to extend into a group-wide and global mandate and the board sees a great market opportunity to build on this positive trajectory. This contract demonstrates the accelerating momentum of the Group and we remain confident in the outlook for the group. Overall, I am excited in the opportunities for the company with the expectation of delivering continued profitable growth into 2026 and beyond."
As of 0935 GMT, Pulsar shares were up 3.87% at 38.95p.
Reporting by Iain Gilbert at Sharecast.com
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