Latest Share Chat

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

Related Shares

More News

21 Feb 2024 17:45

IN BRIEF: Sopheon shares cancelled as Wellspring takeover effective

Sopheon PLC - Minnesota-based enterprise software and services company - Updates on its acquisition by IOps Buyer Inc, a subsidiary of Wellspring Worl...

16 Feb 2024 21:49

IN BRIEF: Scheme to facilitate Wellspring bid for Sopheon sanctioned

Sopheon PLC - Minnesota-based enterprise software and services company - Says High Court sanctions scheme by which the the GBP115 million takeover fro...

8 Feb 2024 21:25

TRADING UPDATES: Nexxen expands partnership; Geiger considers listing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

11 Jan 2024 21:10

Sopheon gets green light for Wellspring takeover offer

(Alliance News) - Sopheon PLC on Thursday said it has government approval for its GBP115 million takeover offer from Wellspring Worldwide Inc.

22 Dec 2023 13:57

Sopheon agrees terms for "compelling" Wellspring takeover offer

(Alliance News) - Sopheon PLC on Friday announced agreed terms of a GBP115 million takeover offer from Wellspring Worldwide Inc, which it expects to c...