Craneware sees lower than expected full year earnings

US healthcare software developer Craneware said adjusted EBITDA will be below current market expectations for the year.

US healthcare software developer Craneware said adjusted EBITDA will be below current market expectations for the year.

The board expects to report revenue for the year in the region of $41m compared to $38.1m the year before. Adjusted EBITDA rose 15% from the previous year's figure of $10.1m. This is below current consensus of market expectations for the year, the group said.

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