23rd Jan 2014 13:09
LONDON (Alliance News) - Coms PLC said Thursday that it expects full-year revenues to be "significantly" ahead of management expectations as it saw organic revenue growth and out performance from its acquired subsidiaries in the year ending January 31.
The cloud based telephony company also expects to report positive earnings before interest, tax, depreciation and amortisation.
"I am delighted with the successful turnaround we have managed to implement at Coms in the last year," said Chief Executive Officer David Breith in a statement.
Shares in Coms were trading up 7.8% at 5.90 pence Thursday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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