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Nasstar Expects Full-Year Revenue Around GBP2.0M, Vs GBP2.4M Year Before

1st Oct 2013 09:21

LONDON (Alliance News) - Nasstar PLC, a hosted-desktop cloud-service provider, said Tuesday that trading for the full year ended September 30 had been within expectations and that it expected to revenues of around GBP2.0 million. Nasstar said it was encouraged by recent contract wins and the company's current sales pipeline.

Nasstar recorded GBP2.4 million in revenue in the year to September 30, 2012, up from GBP2.3 million the year before.

In a pre-close trading statement, the company said the number of subscribers to its Live Hosted Desktop had rised 33% since October 2012 to more than 2,400.

Shares In Nasstar were trading down 1.6% at 10.82 pence Tuesday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2013 Alliance News Limited. All Rights Reserved.


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