Supply chain snarls lead project44 to record growth in Q4

Project44 provides additional insight into quarterly topline, margin trends

Real-time supply chain visibility provider project44 reported record quarterly bookings during the fourth quarter. The privately held, venture-backed company said annual recurring revenue (ARR) bookings were $12.7 million during the period, 168% higher year-over-year and 3% above plan.

The fourth-quarter result put total 2021 ARR bookings at $96.2 million for the Chicago-based company.

Professional services bookings were $2.1 million in the period. Consolidated revenue as defined by generally...

https://www.freightwaves.com/news/supply-chain-snarls-lead-project44-to-record-growth-in-q4

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