Amber Road Announces Fourth Quarter and Full Year 2017 Financial Results
AMBER ROAD INC (AMBR)
Last amber road inc earnings: 5/9 04:15 pm
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US:NYSE Investor Relations:
investor.amberroad.com
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Source: Business Wire
EAST RUTHERFORD, N.J.--(BUSINESS WIRE)-- Amber Road, Inc. (NYSE: AMBR), a leading provider of global trade management (GTM) solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2017. Jim Preuninger, Chief Executive Officer of Amber Road, stated, “I am particularly pleased that for 2017 we generated positive adjusted EBITDA and positive cash flow from operations, exclusive of the retention payment for ecVision. Increasingly complex global trade regulations, ever-changing free trade agreements, and continual shifts in global logistics and supply chains are driving demand for our solutions. During 2017, we were successful in adding many great customers across all of the industry verticals and geographies we serve, as well as expanding across our existing customer base. Our customer retention was again very high, and we saw many lighthouse customers go-live each
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