Clarion Achieves Record Financial Results for Q3 2026
Clarion Achieves Record Financial Results for Q3 2026
PR Newswire
ATLANTA, Oct. 5, 2026
Strong Revenue, Gross Margin, Earnings and Sales Booking Results Set Record
ATLANTA, Oct. 5, 2026 /PRNewswire/ -- Clarion Communications LLC ("Clarion") a leading cloud-based Unified Communications-as-a-Service (UCaaS) and Managed Service Provider (MSP) announced today that its IPitomy Communications LLC ("IPitomy") subsidiary achieved record Q3 '26 total revenue, MRC revenue, gross margins, earnings and sales bookings.
- MRC Revenue for Q3 '26 increased 9.2% year-over year
- Total Revenue for Q3 '26 increased 6.4% year-over year
- Gross Margin for Q3 '26 increased 11.4% year-over-year
- Adj EBITDA for Q3 '26 increased 44.0% year-over year
- Sales Bookings for Q3 '26 increased 76.3% year-over year
"We delivered another strong quarter of growth in the third quarter of 2026, exceeding our goals for revenue, adjusted EBITDA, gross margin, and sales bookings, while continuing to build momentum across the business," said IPitomy CEO Joseph Haines, Sr. "We remain focused on disciplined growth, especially in gross margin expansion and sales booking increases, which are driving long-term growth and shareholder value."
In addition to its record organic growth achievements, Clarion remains active regarding acquisition opportunities as it seeks to enhance the growth trajectory of IPitomy. "Together, Clarion and IPitomy are uniquely positioned to acquire smaller UCaaS / MSP operators affected by the changing network economics," said Clarion CEO Vincent M. Oddo.
"Clarion and its predecessor companies have completed more than 30 acquisitions in the past 20+ years," said Oddo. "We are aggressively pursuing M&A growth through tuck-in acquisitions in the highly fragmented UC / MSP industry."
About Clarion Communications:
Clarion is a leading cloud-based Unified Communications and Managed Service Provider to SMB customers throughout North America. Clarion provides UCaaS, contact center, AI tools, SIP, broadband, and managed services. Clarion also has an expansive cloud-based network, experienced leadership, and support staff. For additional information about Clarion, please visit clarioncom.com.
About IPitomy Communications:
IPitomy is a leading cloud-based Unified Communications and Managed Service provider. IPitomy provides UCaaS, contact center, AI tools, SIP, broadband and managed services to SMB customers throughout North America. For additional information about IPitomy, please visit ipitomy.com.
Press Contact:
Vincent M. Oddo, Clarion Communications LLC
President & CEO
vincent.oddo@pointfourcapital.com
SOURCE Clarion Communications LLC
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
The 10 Best Companies to Invest in Now
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
The Top Funds for a Simpler Retirement Portfolio
The 10 Best Dividend Stocks
United States