Globo revenues up 56.5 per cent

Globo, the mobile, telecom and e-business software products company, has reported revenues of €19.61m (£17.34m) in the first quarter, up 56.5 per cent from last year. The company has said that this strong financial performance reflects continuous expansion efforts, particularly in its software as a service (SaaS) and mobile SaaS products, whose revenues represent 48 per cent of Globo’s total revenue.