IQGeo swings to profit as revenue jumps; confident for future
(Alliance News) - IQGeo Group PLC on Wednesday said it expects to meet growing demand, as it reported a swing to profit on the back of significantly higher revenue.
Read moreTue, 22nd Dec 2020 08:21
(Alliance News) - IQGeo Group PLC on Wednesday said it expects to meet growing demand, as it reported a swing to profit on the back of significantly higher revenue.
Read more(Sharecast News) - Geospatial technology company IQGeo reported a set of results exceeding market expectations for 2023 on Wednesday, achieving a record order intake of £57.2m, representing 40% growth compared to the prior year.
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IQGeo Group PLC - Cambridge, England-based provider of geospatial productivity and collaboration software for the telecoms and utility industries - Non-Executive Director Robert Sansom sells 1.1 million shares at 303 pence each, "in order to expand the Company's share register with the introduction of a major institutional investor".
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
Read more(Sharecast News) - Software firm IQGeo said on Monday that full-year underlying earnings were expected to be significantly ahead of previous guidance, driven by "strong growth and momentum" across all key metrics.
Read more(Alliance News) - Shares in IQGeo Group PLC jumped on Monday morning after the software firm said it expects 2023 results to be ahead of expectations.
Read moreIQGeo Group PLC - Cambridge, England-based provider of geospatial productivity and collaboration software for the telecoms and utility industries - Says an unnamed "top 10" US telecom and fibre operator has selected its fibre planning and design software for an initial three-year contract. Deal is worth over USD2.5 million including recurring revenue, licences, hosting and professional services. Client will use IQGeo's Comsof Fiber software to accelerate fibre deployments and time-to-revenue by automating its planning and design process. Project also includes deploying IQGeo's Network Revenue Optimizer software to help streamline its quoting process for new fibre connections. Company adds that client "has aggressive broadband expansion ambitions".
Read more(Sharecast News) - Geospatial software specialist IQGeo announced a significant expansion of its partnership with one of its key tier-one telecom customers in North America on Wednesday.
Read more(Alliance News) - IQGeo Group PLC announced on Wednesday that its software is to be used by an unnamed "major tier 1 multi-service utility" in the US.
Read more(Sharecast News) - Geospatial software specialist IQGeo announced on Wednesday that a significant tier-one multi-service utility in the United States had chosen its software to enhance field workflows within its electric and gas operations.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
Read moreIQGeo Group PLC - provider of geospatial productivity and collaboration software for the telecommunications and utility network industries - Reports a narrowed loss in the first half of 2023, amid sharply higher revenue, and says it has a "very positive" outlook for its target markets in the year as a whole. Pretax loss narrows to GBP177,000 in the six months ended June 30, from GBP483,000 the previous year. Revenue more than doubles to GBP20.5 million from GBP9.2 million. Says its performance remains in line with expectations and is "very positive" about the outlook for its target markets.
Read more(Alliance News) - IQGeo Group PLC on Wednesday announced a "major" new contract with an existing customer with a unnamed wholesale fibre network provider operating in the US and Europe.
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