IN BRIEF: Vianet seeing good revenue momentum in new year
13th Jul 2022 13:23
Vianet Group PLC - Stockton-on-Tees, England provider of retail sales and volume monitoring systems - Says the good revenue momentum experienced at the end of last year has continued into the new year. Notes recurring revenue remains strong at 85%. Reports excellent customer engagement and encouraging recurring income growth in the Smart Machines division. Smart Zones division is "materially" ahead year-on-year and tracking towards pre-pandemic levels. However, cautions that semi-conductor supply shortages are resulting in higher hardware costs. Company actively seeking to recoup these additional costs. Read More