SenSen Networks Ltd (ASX:SNS) (OTCQB:SNNSF) CEO Subhash Challa tells Proactive the Melbourne, Australia-based group has boosted its outlook for the 2022 financial year off the back of continued growth in North America. Challa says the company has lifted FY22 annual recurring revenue (ARR) guidance to A$4.5 million, as ARR from its North American operations is set to exceed A$1.5 million off the back of new orders and contract extensions, including its Smart Cities deals with Chicago Parking Meters the City of Las Vegas.
SenSen Networks raises FY 22 annual recurring revenue guidance to A$4.5 million on US demand
Quick facts: SenSen Networks Ltd
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Market Cap: $69.68 m
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