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Gresham Computing Wins Four New CTC Platform Contracts
LONDON (Alliance News) - Gresham Computing PLC on Monday said it has signed four new contracts for its flagship CTC financial control software product.
The four new clients include a tier-1 bank in the UK, the Asian arm of a global insurer, an employee equity administration services provider, and a US asset manager. None were named. The new agreements give Gresham six to date for the CTC product in the second half of the year so far.
The four most recent wins all have three-year contract terms and will earn Gresham around GBP2.0 million in total over that period.
The company added that it has strong revenue visibility for 2015 and is trading in line with its expectations.
Shares in Gresham were down 1.4% to 107.00 pence on Monday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
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GHT.L News
TRADING UPDATES: Raft of London-listed firms raise 2021 outlook
TRADING UPDATES: Raft of London-listed firms raise 2021 outlook
SMALL-CAP WINNERS & LOSERS: US deal extension buoys Avon Protection
SMALL-CAP WINNERS & LOSERS: US deal extension buoys Avon Protection
Gresham Technologies expects revenue boost from renewed ANZ contracts
Gresham Technologies expects revenue boost from renewed ANZ contracts
TRADING UPDATES: Fonix Mobile annual earnings grow; MySale cuts costs
TRADING UPDATES: Fonix Mobile annual earnings grow; MySale cuts costs
UK earnings, trading statements calendar - next 7 days
UK earnings, trading statements calendar - next 7 days
IN BRIEF: Gresham Technologies revenue rises on new licence agreements
IN BRIEF: Gresham Technologies revenue rises on new licence agreements
UK shareholder meetings calendar - next 7 days
UK shareholder meetings calendar - next 7 days
UPDATE: Gresham Tech buys US fintech Electra for USD38.6 million
UPDATE: Gresham Tech buys US fintech Electra for USD38.6 million
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