KLDiscovery Inc. Announces Fourth Quarter 2020 Financial Results – Web Hosting | Cloud Computing | Datacenter

Revenue, Net Loss, EBITDA Improve Compared to Third Quarter 2020

MCLEAN, Va.–(BUSINESS WIRE)–KLDiscovery Inc. (“KLDiscovery” or the “Company”), a leading global provider of electronic discovery, information governance and data recovery services, announced today that revenue for the fourth quarter ended December 31, 2020 was $74.6 million versus $72.3 million in the third quarter of 2020, a 3% increase quarter-over-quarter and a decrease of 7% year-over-year compared to the fourth quarter 2019. Net loss for the fourth quarter of 2020 was $9.8 million compared to $12.7 million in the third quarter of 2020, an improvement of 23% quarter-over-quarter and an improvement of 45% compared to the fourth quarter 2019 net loss of $17.8 million.

EBITDA for the fourth quarter of…


Source link

About hosting

Check Also

Marcia Clark, "Informants: Lawyer X" Leads Wondery Exhibit C Lineup – Bleeding Cool

Posted in: Audio Dramas, TV | Tagged: marcia clark, wondery Wondery announced new shows for …

Leave a Reply

Your email address will not be published. Required fields are marked *