Sopheon’s strong results don’t convince markets

0 mins. to read
Sopheon’s strong results don’t convince markets
Master Investor Magazine 46 cover

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

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).

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *