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Majesco Reports Strong Cloud Revenue Growth for Third Quarter Fiscal 2019 Financial Results

Cloud Revenue up 51% from third quarter FY18 and now represents 42% of total revenue Total Revenue up 11% from third quarter FY18 Adjusted EBITDA margin of 14% up significantly from third quarter FY18 Twelve-Month Backlog up 16% from second quarter FY19 MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NYSE American: MJCO), a global provider of cloud insurance platform software, today announced strong financial results for the fiscal 2019 third quarter that ended December 31, 2018. “Our third quarter…