The evidence management technology provider reports 26% increase in year-over-year revenue

  • 26.75% increase in year-over-year revenue
  • 56.2% increase in year-over-year contract bookings
  • 30.19% increase in recurring revenue year-over-year

Utility increased new contract bookings this quarter by 76.2 percent in the second quarter, totaling $8,311,424. That includes new contracts with 12 city police departments; four county agencies; one state police department, Vermont; one university medical center, University of Mississippi Medical Center, including over 100 officers; and one public city water supply company. This quarter, contracts committed more than 2,000 new devices supporting law enforcement personnel to the platform.

Additional Q2 insights include:

“We are thrilled to welcome these teammates to Utility and look forward to the continued success their strong leadership will support,” said Michael Nark, President and CEO of Utility. “Building upon the momentum of the first half of the year, we’re keenly focused on satisfying our clients through continuous innovation, ensuring that our products are increasingly valuable for all of our clients and highly effective for partner agencies of all sizes.”