Telecom Signaling Industry News

TMCNet:  Software firm to beat sales forecasts [Herald, The (Scotland)]

[January 17, 2014]

Software firm to beat sales forecasts [Herald, The (Scotland)]

(Herald, The (Scotland) Via Acquire Media NewsEdge) CRANEWARE has said it expects sales in the first half of its financial year to be around 5% ahead.

The software company, which sells exclusively into the US healthcare market, indicated its sales have seen "positive momentum" in the six months to December 31, 2013 with larger and longer contracts being secured.

The majority of the revenue and margin from recent sales will be recognised in future periods which will give the Edinburgh business additional forward visibility.

It confirmed it is also on course to report a 5% uplift in earnings before interest, tax, depreciation and amortisation (EBITDA) for the half-year period and the board are confident of meeting full-year market expectations.

Keith Neilson, chief executive, said: "The continued incremental increases in the size of hospital groups, overall deal size and increasing number of longer term contracts signed during the period provided a strong sales performance and resulted in recognised revenue and EBITDA growth.

"Importantly, the increased sales activity will flow through into revenue and EBITDA contribution in the second half of the year and beyond, providing further visibility over future contracted revenues and supporting continued growth." The Edinburgh company was recently named by accountancy firm BDO as one of the biggest Scottish risers on the Alternative Investment Market (AIM) in 2013, adding more than pound(s)31 million to its market capitalisation in the year.

Yesterday shares closed up 4.5p, or 0.82% at 554.5p.

(c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

[ Back To Telecom Signaling's Homepage ]

Featured Events

5G NA Signaling Day

November 14-16, 2016
Sheraton Dallas, Dallas, TX

Featured Webcasts

Securing The Signaling Interconnect: Oracle's Perspective On Recent Security Events

Today's telecommunications landscape is changing rapidly, and the "institution" of trust between networks that has been assumed over the decades is no longer relevant. We are now hearing of vulnerabilities in CSP interconnection points that have been known ...

Applications of Wi-Fi Calling

With all of the discussion about faster data access and richer content, it could be assumed that voice services no longer play an important role in the business model of the communications service provider. Join ReThink Technologies Research and Oracle Communications as we explore ...

Featured Whitepapers

Oracle Communications Diameter Signaling Router Main Differentiators

Diameter is the protocol used by network elements in LTE and 3G networks to enable and monetize services, such as voice, video and data. Diameter enables revenue-generating data services; including tiered data plans, loyalty programs, application specific QoS, content provider and Internet of Things (IoT) solutions ...

Multi-Layer Security Protection for Signaling Networks

The sanctity of mobile operators' networks and brands will depend greatly on their ability to deliver QoS guarantees to roaming and interconnect partners, while simultaneously protecting increasingly multimedia-savvy and socially connected ...

Featured Datasheets

Oracle Communications Diameter Signaling Router

Centralizing Diameter routing with cloud deployable Oracle Communications Diameter Signaling Router creates a secure signaling architecture that reduces the cost and complexity of the core network and enables elastic growth, interoperability and rapid introduction ...

Oracle Communications Mobile Security Gateway

The Oracle Communications Mobile Security Gateway is a high performance gateway that allows the Communications Service Provider (CSP) to cost effectively expand network coverage and increase capacity by incorporating Heterogeneous ...

Oracle Communications Evolved Communications Application Server

As service providers drive their networks toward an all-IP and virtualized state, they require the means to design and deliver compelling high definition voice, video and multimedia offers via Voice over LTE (VoLTE) and Voice over WiFi (VoWiFi) ...

Featured Infographic