Gamma Communications on the up as it beats consensus

AIM-listed communications services provider Gamma Communications (LON:GAMA) climbed 3.73% to 1,384.75p (as of 11:15 GMT) as management said EBITDA grew ahead of market expectations during the year ended 31st December. Revenues for the period were in line with guidance.

CEO Andrew Taylor commented: “We are pleased that Gamma has continued to grow strongly in both the UK and the Netherlands. Our core SIP and Cloud PBX products continue to perform well and we are pleased with the progress of Collaborate. We are excited about the possibilities that the acquisition of the Telsis development capability affords for future product development“.