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% | 0.00% | -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% | 136M | |
+35.47% | 99.48B | |
+7.45% | 57.44B | |
-6.20% | 25.62B | |
-13.45% | 21.33B | |
-5.62% | 12.34B | |
+3.98% | 10.59B | |
-0.74% | 10.09B | |
+5.26% | 9.4B | |
-25.47% | 8.44B |
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