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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
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29 Jan 2016 - StatPro buys US-based Investor Analytics
22 Jan 2016 - StatPro Buys US-Based Investor Analytics For USD16 Million
22 Jan 2016 - StatPro third-quarter trading in line with expectations
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19 Oct 2015
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