Sylogist (TSE:SYZ) reported lower first-quarter fiscal 2026 revenue as a decline in project services offset growth in SaaS subscriptions, while management said the company is continuing its transition toward a recurring-revenue, partner-led software model.
On the company’s earnings call, Interim Chief Executive Officer Craig O’Neill said his first three months in the role had reinforced his confidence in the business, despite the challenges of shifting away from older perpetual license-style products toward cloud-based SaaS offerings delivered through partners.
