Redcentric Share News (RCN)

Redcentric parts company with CFO after accounts misstated

(ShareCast News) - IT managed services provider Redcentric has parted company with its finance director and is calculating its banking covenants after its accounts were found to have been misstated. The company said it would probably have to reduce current net assets by £10m and write down some hist

Redcentric appoints new COO, says on track to meet FY expectations

(ShareCast News) - AIM-listed IT managed services provider Redcentric announced the appointment of Mo Siddiqi as chief operating officer and expressed confidence that it will deliver results in line with its expectations for the year. Siddiqi joins the group from IT infrastructure services provider

UK Shareholder Meetings Calendar - Next 7 Days

MXC Capital Sells Shares In Redcentric To Raise GBP10.4 Million (ALLISS)

Redcentric's full year revenues rise by 16%

(ShareCast News) - Full year revenue rose at Redcentric, an IT service provider, boosted by organic growth and two acquisitions. Revenue increased 16% to £109.5m in the year to 31 March 2016, representing 8% organic growth. Recurring revenue grew 17% to £90.2m including 11% organic growth. Recurr

Redcentric Profit Lower On Acquisition Costs, But Confident On Future

UK Earnings, Trading Statements Calendar - Next 7 Days

Redcentric Earnings And Revenue In Line As Sales Momentum Continues

Dividends Calendar - Week Ahead

Redcentric agrees to buy City Lifeline

(ShareCast News) - UK IT services provider Redcentric has agreed to buy City Lifeline for £4.8m, the company announced on Friday. Redcentric said it will pay for the London operator of data-centres in cash upon completion, subject to adjustment for cash, debt and normal working capital. In the year

Redcentric Buys Data Centre Provider City Lifeline For GBP4.8 Million

Dividends Calendar - Week Ahead

BROKER RATINGS SUMMARY: Deutsche Cuts Morrisons To Sell, Tesco To Hold

Redcentric interim profit drops on acquisition costs

(ShareCast News) - IT managed services provider Redcentric posted a drop in first half pre-tax profit as it booked one-off acquisition and integration costs from its purchase of of Calyx Managed Services. For the six months to the end of September, pre-tax profit came in at £1.39m from £3.85m in the

Redcentric Hikes Dividend As Adjusted Profit Rises On Better Revenue