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Icons
**Company Information:**
**Name:** Icons
**Stock Symbol:** palette2
**Exchange:** NASDAQ
**Industry:** Software
**Business Overview:**
Icons is a leading provider of cloud-based software solutions for the design and manufacturing industries. Its flagship product, Palette2, is a digital color management platform that enables designers and manufacturers to accurately match colors across different materials and processes.
**Palette2:**
Palette2 is a comprehensive color management platform that offers a range of features, including:
* Color matching across various materials and processes
* Color library management
* Color communication and collaboration
* Quality control and compliance
**Financials:**
**Revenue:**
* Q3 2023: $25.2 million
* Q3 2022: $19.3 million
* YoY growth: 30.6%
**Earnings per Share (EPS):**
* Q3 2023: $0.07
* Q3 2022: $0.05
* YoY growth: 40.0%
**Growth Metrics:**
**Annual Recurring Revenue (ARR):**
* Q3 2023: $97.2 million
* Q3 2022: $75.4 million
* YoY growth: 28.9%
**Customer Count:**
* Q3 2023: 1,250
* Q3 2022: 1,025
* YoY growth: 22.0%
**Key Metrics:**
* **Gross Margin:** 75%
* **Operating Margin:** 20%
* **Net Income Margin:** 15%
**Outlook:**
Icons expects continued growth in the coming quarters, driven by strong demand for its Palette2 platform. The company is investing in research and development to enhance its product offerings and expand its customer base.