Latest Share Chat

Craneware Share News (CRW)

Craneware Information

Buy CRW Shares
Add CRW to Watchlist
Add CRW to Alert

Share Price Information for Craneware (CRW)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 2,400.00

Bid: 2,380.00

Ask: 2,420.00

Change: -70.00 (-2.92%)

Spread: 40.00 (1.681%)

Open: 2,420.00

High: 2,330.00

Low: 2,330.00

Prev. Close: 2,400.00

Last checked at -

Craneware's shares dive after sales disappoint

Fri, 28th Jun 2019 07:59

(Sharecast News) - Craneware's shares plummeted on Friday after it reported that the quantity of sales closed in the second half of the year ended 30 June was lower than anticipated.Even so, the AIM traded company insisted that it had continued to make progress on its long-term strategic aim to become ubiquitous in US Hospitals as the intelligence layer sitting across all other systems, delivering the information required to improve financial and operational performance.Consequently, the US-focused medical technology company said annual revenue growth is expected to be approximately 6%, down from 16% growth during the year before, while adjusted EBITDA growth is now forecast to slip from 20% to approximately 10%.The EBITDA figure has also been adjusted for one-off exceptional costs of approximately $1.5m relating to fees for an acquisition opportunity that the group decided not to pursue.Capitalised R&D has also increased as the company launched three new products on its Trisus platform.Keith Neilson, chief executive of Craneware, said: "As we close our financial year, we continue to look to the future with high levels of confidence despite our short-term sales performance in the latter part of the year. We have a significant and growing pipeline, which we are focused on converting. As a board we are convinced that our strategy with the Trisus platform differentiates us from other healthcare solutions vendors."Craneware's shares were down 30.35% at 2,047.80p at 0938 BST.

More News

10 Sep 2018 16:07

Director dealings: Craneware co-founder and CEO ups stake in firm

(Sharecast News) - Craneware's chief executive Keith Neilson purchased 4,848 ordinary shares in the AIM-listed firm on Monday, upping his stake to a total of 3.38m or 12.7% of the company's issued share capital.

4 Sep 2018 10:58

Craneware Hike Payout As Annual Profit Jumps In "Outstanding" Year

LONDON (Alliance News) - Healthcare-focused software provider Craneware PLC hiked its dividend Tuesday after annual profit and revenue rose in an "outstanding" year for the the year 12%

28 Aug 2018 15:57

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 29 August IQEHalf Year ResultsGym GroupHalf Year Year Fisher & Year Year 30

6 Mar 2018 12:16

Craneware Confident On "Record" Sales Pipeline As Interim Profit Rises

LONDON (Alliance News) - Craneware PLC on Tuesday reported a "very positive" half year amid a rise in revenue and profit over the period as it hiked its interim for

1 Dec 2016 16:11

UK Dividends Calendar - Next 7 Days

8 Nov 2016 12:44

Craneware making progress with pipeline of new product launches

(ShareCast News) - AIM-listed software company Craneware, a provider of healthcare billing, auditing, chargemaster management and medicare compliance, said it had made progress in the first few months of the financial year, while accumulating a pipeline of new product launches. In September, the Edi

1 Nov 2016 16:07

UK Shareholder Meetings Calendar - Next 7 Days

20 Sep 2016 10:49

DIRECTOR DEALINGS: Craneware CEO Increases Shareholding

6 Sep 2016 15:16

Craneware reports on year of growth

(ShareCast News) - Provider of 'value cycle' solutions to the US healthcare market, Craneware, announced its results for the year ended 30 June on Tuesday, with the total contract value in the year reaching record levels of $82.3m, up from $72.9m a year earlier. The AIM-traded firm said new sales in

6 Jul 2016 14:55

Craneware expects double digit growth in FY revenues and earnings

(ShareCast News) - Craneware shares rose on Wednesday after the US-focused healthcare company said it has achieved a third consecutive year of record sales. In a trading update for the year to 30 June 2016, the group said it returned to double digit growth in revenues and adjusted earnings before in

6 Jul 2016 08:22

Craneware Revenue And Earnings Higher, Wins Further Contract

10 Mar 2016 16:13

Dividends Calendar - Week Ahead

8 Mar 2016 15:25

Craneware shares up on positive interim numbers

(ShareCast News) - Automated healthcare solutions specialist Craneware reported on a solid start to its 2016 financial year on Tuesday, with revenue and profits both achieving good growth in the firm's interim results. Revenue at the AIM-traded company climbed 7% to $23.1m (£16.28m) during the perio

8 Mar 2016 10:55

Craneware Confident For Second Half As Interim Profit Rises

8 Mar 2016 09:38

Latest Share Chat

Craneware Share News (CRW)

Share Price Information for Craneware (CRW)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Craneware's shares dive after sales disappoint

Login to your account

Quickpicks are a member only feature

Login to your account