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EG Solutions lifted on expected revenue increase

Thu, 20th Aug 2015 11:39

(ShareCast News) - Shares in back office software company EG Solutions rose after the company said it would lift first half revenues in a trading update.EG Solutions shares were up by 1.49% to 68p at 1157 BST after the company said it would post about £3.6m in revenue for the first half.This was 16% higher than last year's first half revenue of £3.1m.The AIM listed company said it would post a loss before tax of approximately £0.3m which it said reflected investments undertaken before its placing in January.The company said its order book of multi-year contracts to be recognised over the next 3-4 years had risen to £15.5m from £13m from the year before.In a separate announcement EG Solutions said Robert Joseph Krakauer had joined its board, effectively immediately, to replace Spence Mallder.FinnCap said in a note trading had so far met its expectations, and EG Solutions had invested significantly since raising funds in January."The improving order book as well as new product launches - expected in September - are evidence of their positive contribution," FinnCap said.
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16 Feb 2017 09:19

EG Solutions Wins GBP692,000 Public Sector Software Contract

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16 Feb 2017 09:16

EG Solutions wins £692,000 public sector contract

(ShareCast News) - Shares soared in EG Solutions after the back office technology company said it had won a £692,000 contract to implement its operational intelligence software within the public sector. The contract was won in partnership with the provider of the EG's managed cloud service platform,

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13 Feb 2017 10:02

EG Solutions on the up as full-year revenue to be in line with expectations

(ShareCast News) - Shares in EG Solutions soared on Monday as the back office software company anticipates that revenue for the year will be in line with expectations after the implementation of its strategy to profitably scale the business. At the beginning of the second half of the year, the compa

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13 Feb 2017 07:55

EG Solutions Full-Year Results To Be In Line With Market Expectations

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3 Jan 2017 08:07

EG Solutions announces CFO resigns from Aspect Software

(ShareCast News) - Bob Krakauer resigned as chief financial officer of US firm Aspect Software, the partner of AIM-listed EG Solutions, a back office workforce optimisation company, on Tuesday. EG Solutions said that Krakauer will remain on the board of the company as a non-executive director "in li

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15 Nov 2016 08:28

EG Solutions wins £1.3m contract with retail energy supplier

(ShareCast News) - Back-office software company EG Solutions has won its first mobile and multilingual contract with a retail energy company, worth £1.3m. The AIM-listed company will implement its EG operational intelligence software and EG mobile product across 500 back office, call centres and sal

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18 Aug 2016 13:55

EG Solutions partner secures $1m contract

(ShareCast News) - AIM-listed EG Solutions said on Thursday that its partner Aspect Software Inc. has closed a three-year contract with an unnamed social networking corporation to supply EG's back office optimisation software. The initial contract is valued at $1m, with up to 4,000 licences being

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4 Jul 2016 12:30

Michael Woolley appointed CFO of EG Solutions

(ShareCast News) - Michael Woolley has been appointed chief financial officer of optimisation software company EG Solutions with immediate effect. Woolley, 29, joined EG in November 2014 from Pets at Home, where he was senior management accountant and was involved in the company's initial public off

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4 Jul 2016 07:23

EG Solutions Promotes Michael Woolley To Chief Financial Officer

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13 Jun 2016 07:14

Four EG Solution Directors Resign, Nigel Payne To Takeover As Chairman

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9 Jun 2016 08:03

EG Solutions Affirms Profit Guidance But First Half To Miss Guidance

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26 May 2016 13:18

Eg Solutions Says Strategic Partner Emerges From Bankruptcy

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16 May 2016 15:10

AGM, EGM Calendar - Week Ahead

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23 Mar 2016 10:20

EG Solutions Stays In Profit Despite More Sales And Marketing Spending

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16 Mar 2016 16:06

Earnings, Trading Statements Calendar - Week Ahead

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