Boardwalktech Q4 fiscal 2026 revenue falls 18% on three customer non-renewals, company says

Reuters2026/07/30 21:09

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Boardwalktech posted Q4 fiscal 2026 revenue of USD 805,000, down 17% sequentially, reflecting declines across subscription and services lines.
Year-on-year revenue fell 18%, driven by lower professional services revenue, with three customer non-renewals weighing on software and subscription services.
Gross margin slipped to 83.5% from 86.9% in Q3, attributed to lower revenue and higher data center fees following one-time credits in the prior quarter.
Net loss widened to USD 857,000 from USD 436,000, pressured by lease-related impairment and derecognition, severance costs, and a loan amendment fee.
ARR was USD 3.5 million at March 31, 2026; management said cost actions improved efficiency, targeting adjusted EBITDA breakeven on modest revenue growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Boardwalktech Software Corp. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Boardwalktech Q4 fiscal 2026 revenue falls 18% on three customer non-renewals, company says

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