Scheduling software firm Tracsis rose sharply in morning trading on Tuesday after saying revenues in the 12 months to the end of July will 'significantly exceed current market expectations'.
The company now expects year end revenues will be in excess of £8.5m, with adjusted earnings before interest, tax depreciation and amortisation (EBITDA) over £3m.
Tracsis also believes 2013 revenues will be ahead of forecasts.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
John McArthur, Chief Executive Officer, commented: "We continue to solve problems that make a real difference to our customers - removing extraneous costs whilst at the same time improving performance."
At 10:14 Tracsis shares were up 18%.
BS
-
Christmas at Chatsworth: review of The Cavendish Hotel at BaslowMoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
-
Tycoon Truong My Lan on death row over world’s biggest bank fraudProperty tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
