Blue Prism Group PLC - Warrington, England-based robotic process automation firm - Revenue in year ended October 31 rises 46% to GBP141.1 million from GBP96.8 million. Pretax loss narrows to GBP81.4 million from GBP91.1 million. "During the year the group noted a direct impact from the Covid-19 pandemic, with customers responding to the uncertain macro environment by delaying purchasing decisions or reducing deal sizes. The group saw some recovery in the second half of the year, with sales activity improving and deal sizes starting to recover, but overall deal sizes remained lower than the prior year," company says. Adds Maurizio Carli and Murray Rode to board as non-executive directors, effective February 1. "These appointments strengthen the board's breadth and depth of global software industry experience and expertise, notably in the critically important US market," Blue Prism comments.
Current stock price: 1,423.85 pence, down 24% on Thursday
Year-to-date change: down 17%
By Eric Cunha; ericcunha@alliancenews.com
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