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We’re pleased to share that we sustained our growth momentum as we entered our new fiscal year. We reported $282.9M in revenue in Q1 FY24, delivering 17.1% year-over-year revenue growth. Our ongoing success is fueled by our ability to create more value for our clients as we continue to build transformative solutions as the ecosystem orchestrator of choice with our global partners. Find out more about our performance: https://lnkd.in/dUbs2vEd
We concluded our 33rd Annual General Meeting yesterday in the presence of our Board of Directors, scrutinizers, shareholders, and team members. Our Founder, Chairman, and Managing Director, Dr. Anand Deshpande, commenced the meeting by guiding attendees through Persistent's riveting journey over the last 33 years. CEO and Executive Director, Sandeep Kalra then took the floor to review our company's accomplishments, solutions, and global presence to help attendees better understand their company's expertise. Later, the platform was opened for questions from shareholders, which were thoroughly addressed by Board members. At the meeting's conclusion, the leadership team and attendees celebrated our milestone of achieving $1 Billion in annual revenue with a cake-cutting ceremony and attendee reception. We extend our heartfelt gratitude to all for joining us to celebrate our company's success together. Watch our entire Annual General Meeting 2023 here: https://bit.ly/3Y08Ksx
We are excited to share that our LinkedIn community now has 900K followers! We extend our heartfelt gratitude to all those who have supported us on our journey as we move ahead with a renewed sense of commitment to generating additional stakeholder value. The journey ahead contains immense possibilities, and we are excited to embark on it as we continue to #SeeBeyondRiseAbove!
Under the guidance of Dr. Anand Deshpande, Founder, Chairman, and Managing Director, and our CEO and Executive Director. Sandeep Kalra, our recent IIM strategic hires embarked on a transformative 3-day leadership connect program. This empowering journey is focused on fostering connections, shaping their success, and equipping them with the necessary insights, industry networking, and strategic thinking to make a lasting impact. This program has laid the foundation for these new joiners to collaborate with industry professionals, cultivate valuable relationships, and grow #ThePersistentWay, ultimately enabling them to thrive in their strategic roles.
We are delighted to share a few snapshots from the inauguration of our new Private Equity (PE) Value Creation Hub in Plano, Texas. This new facility marks a significant expansion of our operations within the PE industry and reinforces our commitment to serving global PE firms and their portfolio companies. With a focus on delivering expertise throughout the entire asset lifecycle, our presence in Plano will enhance our ability to navigate the dynamic ecosystem for the PE clients we serve.
This International Yoga Day, let's prioritize our wellbeing and happiness. We wish you a very happy International Yoga Day!
Our celebrations for crossing the $1 billion in annual revenue mark continue in Seattle. We are grateful to our valued clients and partners who have played an instrumental role in this incredible milestone. We remain committed to even greater success in the future, achieved together. Here's a glimpse of the event from last week in Seattle.
We're delighted to share that we've opened a new office in Krakow, Poland. Expanding our nearshore capabilities, this office attests to our commitment to being where our clients want us to be, delivering bespoke experiences. Our new workplace boasts state-of-the-art facilities and provides the perfect environment to foster new ideas and push the boundaries of what's possible.
Persistent's disruptor's mindset, passion for innovation, and client-centricity have enabled us to cross the $1 billion mark in annual revenue. In this interesting article, businessline analyzes the performance of three midcap IT companies, including Persistent, who have entered the #OneBillionDollarClub. It elaborates on factors driving our exceptional performance and profitability, as well as how this milestone sets us up for future growth.
We are excited to announce that Gurvinder Singh S. has joined Persistent as Chief Marketing Officer, responsible for leading and setting the strategic vision of our global marketing team. Gurvinder will be joining our executive leadership team, bringing to the table his extensive experience in global enterprise marketing transformation. Gurvinder joins with over 20 years of experience in various leadership roles. Along with being an avid reader, Gurvinder is highly active on social media and has been ranked as one of the top 15 marketers on Twitter by the Bloggers Alliance. He brings a passion for results-driven marketing, collaboration, client-centricity, and influencer marketing. We extend our warm welcome to you, Gurvinder!
