Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNETD.L Share News (NETD)

  • There is currently no data for NETD

NetDimensions to beat expectations

Fri, 15th Jan 2010 10:12
Shares in NetDimensions rallied after the software supplier said it expects revenue growth for the year to result in both revenue and profit being ahead of market forecasts.The firm said it has maintained a strong cash position without recourse to borrowings of any kind, with cash balances on 31 December of $7.4m. This compares with 30 June 2009 of $6.8m and 31 December 2008 of $5.3m. This equates to approximately 18.6p in cash per share (30 June 2009; 16.5p in cash per share: 31 December 2008; 14.7p in cash per share).'Although markets continue to be challenging, this represents a strong performance for 2009 made possible by the quality of our products and the hard work and dedication of our staff,' said chief executive Jay Shaw.NetDimensions will announce full year results in April 2010.

Related News

NetDimensions revenue improves as its board courts suitors
10 Nov 2016

NetDimensions revenue improves as its board courts suitors

(ShareCast News) - Performance, knowledge and learning management systems provider NetDimensions posted a trading update for the three months to 30 Se...

NetDimensions confirms unsolicited approach
5 Oct 2016

NetDimensions confirms unsolicited approach

(ShareCast News) - NetDimensions confirmed on Wednesday that it has received an unsolicited approach regarding a potential transaction that may or may...

NETD.L News

Tuesday broker round-up
9 Oct 2012

Tuesday broker round-up

3i Group: Morgan Stanley raises target from 221p to 233p, equal weight rating kept. Aberdeen Asset Management: Morgan Stanley raises target from 315p...

NetDimensions flying after landing Finnair contract
4 Oct 2012

NetDimensions flying after landing Finnair contract

Staff training and talent development software provider NetDimensions has snagged a new contract with Finnair Flight Academy. NetDimensions has been ...

NetDimensions doubling down on compliance-heavy sectors
3 Sep 2012

NetDimensions doubling down on compliance-heavy sectors

Staff training and talent development software provider NetDimensions made its traditional first half loss but the red ink was of a paler hue than las...

Small caps round-up: Mecom, red24, NetDimensions
25 Jul 2012

Small caps round-up: Mecom, red24, NetDimensions

red24, a provider of security assistance services, has said the firm enjoyed a satisfactory start to the fiscal year, with sales and profit before tax...

Small cap round-up: NetDimensions, Blinx, Costain
20 Jun 2012

Small cap round-up: NetDimensions, Blinx, Costain

AIM-listed NetDimensions fell on Wednesday despite announcing it had done a deal to provide talent management software to Metersbonwe, mainland China'...

NetDimensions doubles revenue, issues first divi payment
17 Apr 2012

NetDimensions doubles revenue, issues first divi payment

NetDimensions, a firm that develops software for staff training within the market of talent management, doubled its revenue in 2011. The company rep...

NetDimension to beat FY expectations
17 Jan 2012

NetDimension to beat FY expectations

Shares in NetDimensions, which makes staff training technology, jumped this morning after it said full year profits would come in ahead of expectation...

Netdimensions ups revenues but losses widen
12 Sep 2011

Netdimensions ups revenues but losses widen

NetDimensions, a provider of software used by companies to manage staff training, lifted revenues in the half year to 30 June, but reported a bigger l...