Diligent’s pace of growth slows in 1Q, client retention dips on M and A activity

Diligent’s pace of growth slows in 1Q, client retention dips on M and A activity
April 16 (BusinessDesk) - Diligent Board Member Services, the governance app developer which was forced to restate its financial statements, has slowed its pace of new customer growth in the first three months of the year, and had a small dip in client retention amid increased merger and acquisition activity in the US. The New York-based, New Zealand-listed company added a net 113 new client agreements in the three months ended March 31, taking its total number of customers to 2,563. That’s up 28 percent from a year earlier, though its new ad...