Tracsis shares up on full-year expectations

(ShareCast News) - UK software company Tracsis said it results were ahead of the prior year and market forecasts, sending shares upward.Shares in the AIM listed stock rose by 5.68% after the company said adjusted pre-tax profit would be "comfortably" ahead of market expectations of £5.5m and ahead of last year's £5m.Tracsis said revenue would be about £25m, more than last year's £22.4m.WH Ireland said while there was limited detail available it expected the outcome was an extrapolation of the first half of the year, which saw good organic growth in the business.