Sopheon’s strong results don’t convince markets

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Sopheon’s strong results don’t convince markets
Master Investor Magazine 46 cover

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AIM-listed enterprise software provider Sopheon (LON:SPE) has announced that revenues for the year ended 31st December have met market forecasts. Due to a strong final quarter as indicated by its recently announced partnership with The Hershey Company, early indications suggest that EBITDA and pre-tax profits will outperform previous forecasts.

These indicators are preliminary and the company will provide more information towards the end of this month. The price of Sopheon shares dropped by 3.75% to 1,285p (as of 14:00 GMT).

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