(Alliance News) - Craneware PLC reported strong sales growth in the first four months of the financial year, ahead of the prior year's results.
Craneware delivers value cycle via its cloud-based Trisus platform, which collects, analyses, compares, verifies and corrects data so US hospitals can improve their financial and operational performance as well as patient outcomes.
Craneware's results are ahead of expectations as it expects revenue and adjusted earnings before interest, tax, depreciation and amortisation for the six months to December 31 to be ahead of the year prior.
Craneware said this may potential build the foundation for a return to double-digit growth in the future.
Craneware said that it continues "to see substantial new opportunities entering the sales pipeline and the Board is confident in the continued strong performance of the business."
Shares in Craneware PLC were up 14% at 2,190.00 pence in London on Tuesday.
By Zoe Wickens; zoewickens@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
Craneware (CRW)