Welcome to our dedicated page for Nagarro news (Ticker: NGRRF), a resource for investors and traders seeking the latest updates and insights on Nagarro stock.
NAGARRO SE (NGRRF) is frequently described in its public releases as a global digital engineering and technology consulting company. The news flow around Nagarro centers on its financial performance, strategic partnerships, acquisitions, and developments in artificial intelligence and enterprise technology. This page aggregates such coverage so readers can follow how the company communicates its progress and priorities over time.
Recent announcements highlight Nagarro’s role as an OpenAI Services Partner, where it supports enterprises in adopting OpenAI technologies such as the OpenAI API and ChatGPT Enterprise. News items describe how Nagarro helps organizations explore, implement, and scale generative AI solutions using OpenAI models, with an emphasis on responsible deployment, governance, and integration into core workflows.
Nagarro’s news also covers acquisitions and business transfers that extend its capabilities and geographic reach. Examples include the acquisition of Charles Hudson Technology Solutions, a quality engineering firm for digital commerce and retail based in Cambridge, Massachusetts, and the strategic business transfer of Notion Edge France, an SAP gold partner focused on the SAP Customer Experience suite. These stories explain how Nagarro strengthens its offerings in areas such as customer experience, SAP-enabled solutions, and access to retail and CPG clients.
Financial updates form another key category of Nagarro news. The company regularly publishes preliminary full-year numbers, half-yearly reports, and quarterly statements that detail revenue growth, constant currency performance, gross margins, Adjusted EBITDA, net profit, cash balances, and capital structure. Management commentary in these releases provides context on demand conditions, macroeconomic challenges, and cost base adjustments. Readers can use this news page to review such disclosures, track trends in Nagarro’s reported metrics, and see how the company positions itself across industries including retail, financial services, healthcare, manufacturing, logistics, and telecom.
By following the news items collected here, investors and observers can monitor Nagarro’s strategic direction, AI-related initiatives, governance developments, and capital markets communication in one place.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Nagarro, a global digital engineering leader, announced its audited financial results for 2022, reporting a revenue of €856.3 million, up 56.8% year-over-year. The fourth quarter revenue reached €231.0 million, marking a 42.5% YoY increase. Gross profit for Q4 2022 was €66.8 million with a gross margin of 28.9%. Adjusted EBITDA grew to €30.9 million, representing 13.4% of revenue in Q4 2022. Net profit for the same period rose to €15.4 million, compared to €8.3 million in Q4 2021. Additionally, the Supervisory Board approved a share buyback program of up to €30 million.
Nagarro and Arriva have launched a strategic partnership aimed at advancing the ACE (Arriva Customer Engine) platform, a digital customer platform for Arriva UK Trains. This collaboration emphasizes enhancing customer experiences and involves equal investment in intellectual capital from both partners. ACE, already widely used for ticket purchases and real-time service information, will be scaled up for greater adoption. With this initiative, Arriva aims to solidify its position as a leader in digital customer service within the transportation sector.
Nagarro, a global digital engineering leader, reported strong preliminary unaudited financial results for Q4 and FY 2022. Q4 revenue reached €231.0 million, marking a 42.6% YoY increase from €162.0 million in Q4 2021. For the full year, revenue grew to €856.4 million, a 56.8% increase. Gross profit in Q4 2022 was €66.8 million, with a gross margin of 28.9%. Adjusted EBITDA rose to €30.5 million, 13.2% of revenue. The company also maintains a 2023 revenue guidance of approximately €1,020 million, excluding acquisitions, with anticipated gross and adjusted EBITDA margins of 28% and 15%, respectively.
Nagarro reported its Q3 2022 financial results, showcasing a remarkable 63.0% year-over-year revenue growth, reaching €229.8 million. The company also saw a 9.4% quarter-over-quarter increase from Q2 2022. Nine-month revenue surged to €625.4 million, reflecting a 62.9% increase YoY. Key metrics included an adjusted EBITDA of €48.4 million and net profit of €25.7 million. Nagarro revised its 2022 revenue guidance to €850 million and gross margin expectations to 28%.
Nagarro reported strong Q2 2022 results with revenue reaching €210.0 million, a 65.0% increase YoY. Constant currency revenue growth stood at 55.7%. Gross profit rose to €60.2 million, though gross margin slightly declined to 28.7%. Adjusted EBITDA surged 111.9% YoY to €40.2 million, while net profit skyrocketed 296.3% YoY to €22.3 million. In H1 2022, revenue totaled €395.6 million, marking a 62.8% YoY growth. The company added a net of 872 professionals in Q2 2022.
Nagarro has partnered with Soravia and Google Cloud to drive digital transformation in the real estate sector. This collaboration aims to create energy-neutral cities and enhance customer experience through advanced technologies like AI and machine learning. Initially, the focus will be on developing new digital interfaces for property management and investment. The partnership leverages Soravia's expertise in sustainable project development and Nagarro's technological prowess, backed by Google Cloud’s capabilities in data analytics and IoT.