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StatPro Making Progress On Cloud Push As Trading Meet Expectations
LONDON (Alliance News) - Portfolio analysis and asset pricing services provider StatPro Group PLC on Thursday said trading in the first quarter of 2016 met its expectations.
Chairman Carl Bacon, in comments to be given at the company's annual general meeting, said the group has continued to make progress on shifting to become a pure cloud-based analytics service provider, with around 36% of its annual revenue coming from this segment.
Sales for the StatPro Revolution cloud-based service have continued to grow, and the group said the StatPro Revolution Performance product is on track for launch in the third quarter of 2016.
StatPro shares were untraded on Thursday, having last traded at 74.00 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Latest SOG News
- Statpro Says Trading So Far In 2014 Has Met Its Hopes
14 May 2014 - StatPro Raises Total Dividend, Pretax Profit Hit By Higher Costs
12 Mar 2014 - StatPro Trading In Line With Expectations
23 Jan 2014 - UK MORNING BRIEFING: Pearson Warns On 2013, As China Data Disappoints
23 Jan 2014 - DIRECTOR DEALINGS: Statpro Non-Executives Transfer Shares
27 Nov 2013 - UK WINNERS & LOSERS: Prudential Follows AIA Higher; William Hill Downgraded
18 Oct 2013 - Demand grows for StatPro's cloud-based services
18 Oct 2013 - Statpro Sees Jump In New Business Wins For Portfolio Analysis Software
18 Oct 2013
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