CallidusCloud reports 20% year-over-year revenue increase

Callidus Software Inc. (NASDAQ: CALD) reported its total revenue was USD30.2m for the fourth quarter, an increase of 20%.

Total recurring revenue was USD21.4m, which includes SaaS revenue of USD17.2m and maintenance revenue of USD4.2m. SaaS revenue increased 18% over the same quarter in the prior year. Services and other revenue of USD8.8m increased 30% compared to the same quarter in the prior year.

Callidus Software, doing business as CallidusCloud, is a provider of cloud software. The company´s offerings maximize and accelerate sales and marketing processes for over 2,200 leading organizations. For more information, visit www.calliduscloud.com.

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