12th Jan 2016 08:47
LONDON (Alliance News) - Learning management systems provider NetDimensions (Holdings) Ltd on Tuesday said its revenue for 2015 will rise year-on-year and its loss will be better than market expectations.
NetDimensions said its sales revenue and invoiced sales for the year to the end of December should be ahead year-on-year at around USD25.0 million, up from USD22.7 million a year earlier.
In addition, the group said it expects its adjusted earnings before interest, taxation, depreciation and amortisation loss to be narrower than current market expectations.
"We have continued to see growth in our client base, particularly in our targeted area of high-consequence industries, and are pleased to report trading for 2015 is in line with market expectations," said NetDimensions Chief Executive Jay Shaw.
NetDimensions shares were up 3.4% to 57.90 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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