WorkWave posts 64% YoY increase in Q1

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A year after a near-global transition to remote work, business software outfit WorkWave in Holmdel posted a 64% increase in year-over-year revenue growth in the first quarter of 2021 on April 29.

“Our roots as a company are founded not just upon an intimate understanding of service, but also on the deepest understanding of how service companies operate. Our customers know how to deliver superior service—what they want is more than just service software. What they both want and need is a partner that moves every area of their business ahead; a joint custodian of their business, equally responsible to help them improve it in tangible, measurable ways,” says David Giannetto, chief executive officer of WorkWave, in a prepared statement.

“This is why WorkWave is reinventing what it means to be a software provider. We are the partner that drives their growth, improves their operations, and maximizes their money. We must provide every advantage that helps them fight, win, and thrive against increasing competition. WorkWave must be their competitive advantage,” Giannetto said.

The company also reported a 144% increase in bookings across its four core platforms and a 31% increase in new customers.

“This performance continues to demonstrate our deep understanding of how we are enabling our customers to grow their business, service their customers, and maximize their money,” said Jana Hey, chief financial officer of WorkWave, in a prepared statement.