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Today, Nagarro, a global digital engineering leader, presented its audited financial numbers for 2023 and its Annual Report for 2023. FY 2023 shows consistent performance and 6.5% revenue growth.
Nagarro, a global digital engineering leader, today announced its preliminary unaudited financial numbers for its full year ended December 31, 2023. Revenue grew to €912.0 million in 2023 against guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%. Gross profit and Adjusted EBITDA were affected by excess capacity throughout the year because of the moderation in growth. Gross profit was €235.5 million in 2023, down from €247.1 million in 2022. Gross margin was 25.8%
Nagarro, a global digital engineering leader, today presented its unaudited financial numbers for Q3 2023 and released its nine-month statement.