In the Q1, Cyxtera Technologies Inc 's corporate clients experienced a reduction by -8.97 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -7.92 %. During the corresponding time, Cyxtera Technologies Inc recorded a revenue increase by 7.84 % year on year, sequentially revenue grew by 1.97 %. While revenue at the Cyxtera Technologies Inc 's corporate clients recorded rose by 0.74 % year on year, sequentially revenue fell by -13.65 %.
Customers of Cyxtera Technologies Inc saw their costs of revenue decrease by -8.97 % in Q1 compare to a year ago, sequentially costs of revenue were trimmed by -7.92 %, for the same period Cyxtera Technologies Inc recorded revenue increase by 7.84 % year on year, sequentially revenue grew by 1.97 %.
Cyxtera Technologies Inc's Comment on Sales, Marketing and Customers
We have a diversified customer base of over 2,300 customers, consisting primarily of large enterprises and government entities. A majority of our customer base consists of cloud, information technology and network service providers, creating a symbiotic ecosystem with the corporate customers that account for the remainder of our revenue.
Cyxtera Technologies Inc’s Comment on Sales, Marketing and Customers
We have a diversified customer base of over 2,300 customers, consisting primarily of large enterprises and government entities. A majority of our customer base consists of cloud, information technology and network service providers, creating a symbiotic ecosystem with the corporate customers that account for the remainder of our revenue.
Sources:
Cyxtera Technologies Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Cyxtera Technologies Inc’s corporate clients.
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