Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says.Watch here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAfrican Eagle Resources Share News (AFE)

  • There is currently no data for AFE

Gresham Technologies sees strong demand continue throughout second half

Wed, 10th Oct 2018 14:40
(Sharecast News) - Gresham Technologies has seen a continued strong demand for its data integrity and control solutions so far in the second half of its trading year, inking deals with five new Clareti customers, three of which were located in the all-important US market.In addition to the new deals, Gresham told investors on Wednesday that a number of existing users of Clareti, the firm's software platform designed to provide financial institutions with complete certainty in their data processing, had chosen to upgrade their subscriptions throughout the half.Gresham said revenues for Clareti across the nine months ending 30 September jumped 16% ahead of the same period a year earlier, leading the company to up its investment in product innovation and business development.So far in the half, the AIM-listed software outfit's Australian sub-contracting business signed contracts to deliver a minimum AUD $9m of services over a twelve-month period.The group reminded investors that its ability to convert its pipeline of opportunities was "key" and revealed that it was actively engaged on a number of well advanced Clareti opportunities that it expects to contribute to the current financial year.Gresham stated that it "remains confident" of its full-year outlook.As of 1430 BST, Gresham shares had collected 1.26% to 159.99p.

Related News

IN BRIEF: Gresham Technologies takeover becomes effective
9 Jul 2024

IN BRIEF: Gresham Technologies takeover becomes effective

Gresham Technologies PLC - London-based software and services for data integrity and financial management - Takeover by STG Partners LLC takes effect ...

IN BRIEF: Gresham Technologies bid scheme sanctioned by High Court
5 Jul 2024

IN BRIEF: Gresham Technologies bid scheme sanctioned by High Court

Gresham Technologies PLC - London-based software and services for data integrity and financial management - High Court grants the scheme court order s...

African Eagle Resources News

London pre-open: Winning streak to continue ahead of economic data
23 Dec 2014

London pre-open: Winning streak to continue ahead of economic data

The winning streak is expected to continue into its sixth day on Tuesday as traders continue to build positions ahead of the Christmas break. City sou...

Thorntons warns on profits as major supermarkets order less chocolate
23 Dec 2014

Thorntons warns on profits as major supermarkets order less chocolate

Annual profits will be lower than expected at Thorntons as the confectioner warned of a "significant reduction" in orders from major supermarkets foll...

Electronic Data Processing shares down due to order delays
17 Dec 2014

Electronic Data Processing shares down due to order delays

Shares in IT provider Electronic Data Processing on Wednesday fell after reporting a decline in annual profits and revenue. Revenues decreased to £5.5...

Waterman Group reports continued first half growth
5 Dec 2014

Waterman Group reports continued first half growth

Engineering and environmental consultancy Waterman Group unveiled continued growth in the first half of its financial year. Waterman said in a trading...

CPP's insurance policy mis-selling bill rises by £3m
5 Dec 2014

CPP's insurance policy mis-selling bill rises by £3m

Credit card protection insurance business CPP Group has increased its bill for compensating customers for alleged mis-selling, wiping a third off the ...

Air Partner on track to meet FY target
4 Dec 2014

Air Partner on track to meet FY target

Private aviation company Air Partner said it continues to make steady progress towards its full-year profit target. Trading in both the private jet an...

Sector movers: Software stocks rise as Sage results impress
3 Dec 2014

Sector movers: Software stocks rise as Sage results impress

Software and computer services stocks were the best performers in London on Wednesday as a well-received annual report from Sage gave the sector a boo...