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GoodData Achieves Outstanding Quarter with Surge in ARR & Customer Growth

GoodData reported an exceptional Q2 2024, marking its best quarter since the launch of GoodData Cloud in 2022. The analytics intelligence platform experienced robust growth in Annual Recurring Revenue (ARR), a surge in new customer acquisitions, and profitability. Sales success included a significant deal with a multinational mass media and entertainment firm.

Existing customers continued migrating to GoodData Cloud, contributing to the ARR rise and reinforcing confidence in GoodData's platform. Significant product enhancements featured new capabilities such as data federation, universal CSV support, and advanced usage analytics. These updates provide substantial value for users.

CEO Roman Stanek attributed the results to the company's focus on delivering advanced analytics solutions. Looking ahead, GoodData plans to maintain its drive for innovation and fortify its position in the business intelligence sector while continuing to prioritize technology and customer service investments.

R. E.

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