April 26, 2017 / 11:06 PM / 4 months ago

BRIEF-Sharpspring says qtrly net recurring revenue churn down 1.7 pct

April 26 (Reuters) - Sharpspring Inc

* During Q1 customer acquisition cost averaged $6,000 for each new customer

* Qtrly net recurring revenue churn down 1.7%

* Lifetime value (LTV) of each new customer added in Q1 is estimated to be $20,500

* Net MRR churn is expected to improve further as our customer base ages and as agency partners continue to add more clients Source text for Eikon: Further company coverage:

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