Sonata Software revenue takes a hit amid client delays, paused deals

IT services firm Sonata Software has said while the overall pipeline remains healthy, decision-making delays and paused opportunities have impacted revenue conversion in the fourth quarter, chief financial officer Jagannathan CN told FE.

Adding to the pressure are global headwinds, particularly the imposition of tariffs by the US, which are indirectly affecting client IT budgets in specific sectors such as retail and logistics, he said.