Eckoh plc provided earnings guidance for the year ended 31 March 2024. The board expects to report revenues of approximately £37.2 million for the year (fiscal year 2023 £38.8 million) which, although slightly behind market expectations is a result of the ongoing transition of client deployments to the cloud, the first contract renewals of several large on-premise US clients (where there are no ongoing associated hardware revenues and set up charges), and the elongated sales cycles that delayed the closing of contracts in H1.
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5-day change | 1st Jan Change | ||
37 GBX | 0.00% | +1.37% | -5.13% |
May. 09 | Light Science inks South Africa distribution deal | AN |
May. 09 | Eckoh plc Provides Earnings Guidance for the Year Ended 31 March 2024 | CI |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-5.13% | 135M | |
+38.05% | 102B | |
+10.60% | 58.91B | |
-5.69% | 25.65B | |
-13.17% | 21.3B | |
-0.94% | 12.88B | |
+1.43% | 10.21B | |
-6.62% | 9.52B | |
+6.39% | 9.44B | |
-30.13% | 7.72B |
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