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MariaDB 1Q23 results ?3

17:45 13-Feb-23


MariaDB has announced results for its fiscal first quarter:
The company does not seem to be holding a conference call, which could be viewed as appropriate for this stage of development and given that no analysts cover the company so far.  However, it did sign a multi-year contract worth up to $34M with a leading financial services company.  That together with other customer businesses should bring the company closer to breakeven in coming quarters, as shown by the $25M Accounts Receivable line on the balance sheet, which more than doubled sequentially.