Per Ostlund's questions to ICAD (ICAD) leadership • Q4 2024
Question
Inquired about the drivers of the strong Q4 performance, the mechanics and timing of ARR recognition for cloud deals, and the strategy behind recent technology partnerships like Koios Medical.
Answer
The company attributed the strong Q4 to sales execution and budget timing, not the late-quarter V4 clearance. They confirmed a lag of about one quarter for cloud deals to be reflected in ARR due to implementation times. Partnerships are a customer-driven strategy to provide end-to-end solutions and inform the company's future product roadmap.