LoopUp results boost shares

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LoopUp results boost shares

AIM-listed software developer LoopUp Group (LON:LOOP) saw its share price climb by 7.13% to 175.70p (as of 16:30 BST) after reporting a 43% rise in revenues for the half-year ended 30th June. Gross margins improved by 400 basis points, contributing to EBITDA for the period climbing by 249%.

Management said that they expect the second half of 2020 to exceed market expectations.

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