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.
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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
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