18th Jul 2024 21:54
Netcall PLC - Bedford, England-based customer engagement software provider - Provides trading update for year ended June 30. Expects revenue to rise 9% to GBP39.1 million from GBP36.0 million last year with Cloud revenue up 19% from GBP16.6 million in prior year. Expects cloud annual contract value to grow 23% to GBP22.3 million from GBP18.1 million and total annual contract value to grow 15% to GBP32.2 million from GBP27.9 million. Predicts earnings before interest, taxes, depreciation, and amortization to rise 5% to GBP8.4 million from GBP8.0 million last year. Notes investments in cloud and artificial intelligence capabilities for its Liberty platform. Cash position at June 30 up 37% GBP34.0 million from GBP24.8 million last year. Read More