Tracsis, which helps transport companies organise their schedules and count passengers, is lifting its revenue and profit guidance after a big contract win.
The contract is worth £2.9m and has been agreed with an existing client.
Without disclosing figures Tracsis says key financial metrics will be ahead of analysts' expectations for the 12 months to the end of July.
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
Interim results will be published at the end of February.
Tracsis's Chief Executive, John McArthur, said he was "delighted" with the new order, as well he might be: the stock had jumped 9% by 11:16. Over the past 12 months Tracsis shares have risen 59%.
BS
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Boost for over 100,000 families on Child Benefit as new HMRC payment system rolled outThousands of households will no longer have to pay the dreaded High Income Child Benefit Charge through self-assessment
-
Are you being haunted by the ghost of Christmas past? How festive cutbacks could boost your long-term wealthThe average family spends around £1,000 over the Christmas season. Here’s how much you could have gained if you had invested some of the money instead.
