Avctechnologies announces significant projected revenue growth of kandy, its cloud communications platform

Atlanta, dec. 08, 2021 (globe newswire) -- american virtual cloud technologies, inc. (avctechnologies) (nasdaq: avct) today announced that it projects revenues of its kandy business unit to grow from $14.3 million in 2020 to approximately $18.8 million in 2021 and in excess of $37 million in 2022. the significant projected growth is driven by 505% year-over-year subscriber growth (90% cagr) from january 2019 to today.
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