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Sopheon Cautions Meeting Full Year Goals Requires Strong Finish, Revenue Visibility GBP11.9 Million

Thu, 07th Nov 2013 11:09

LONDON (Alliance News) - US based software developer Sopheon PLC Thursday said its revenue visibility is GBP11.9 million, up from GBP11.7 million in the previous year, however it cautioned that meeting its commercial goals would require a strong finish to the year.

The company said that its revenues are sensitive to the timing and value of individual orders, but that it was working to close several sales opportunities to meet its full year objective.

Shares in Sopheon were trading down 1.7% at 90.94 pence Thursday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright © 2013 Alliance News Limited. All Rights Reserved.

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