Esker Reports Unaudited Sales Results for the Second Quarter of 2018; Provides Earnings Guidance for the Second Half and Full Year of 2018
The company confirmed it expects to achieve double-digit organic growth in 2018. Strong recurring revenue (78% of sales in first half of the year) offers excellent visibility. If the euro/dollar parity remains unchanged at current rates (1.17), the company will benefit from a slightly positive effect on its published growth in the second half of 2018.