Question: StreamlineData, a company specializing in data analytics software including tools for big data processing, visualization, and predictive analytics, began 2 0 2 3 with contracts
StreamlineData, a company specializing in data analytics software including tools for big data processing, visualization, and predictive analytics, began with contracts valued at $ million in recurring revenue. Over the course of the year, the company experienced cancellations amounting to $ million in recurring revenue and, after accounting for new customers and upsells, ended the year with recurring revenue of $ million. Based on this information, what is StreamlineDatas Gross Revenue Churn Rate and Gross Revenue Retention Rate for
Gross Revenue Churn Rate: Gross Revenue Retention Rate: showing strong revenue retention and low churn, beneficial for stable growth.
Gross Revenue Churn Rate: Gross Revenue Retention Rate: indicating a moderate level of revenue retention and churn.
Gross Revenue Churn Rate: Gross Revenue Retention Rate: reflecting average industry churn and retention rates.
Gross Revenue Churn Rate: Gross Revenue Retention Rate: suggesting a higher churn and lower retention which could be concerning for stability.
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