Eckoh plc provided earnings guidance for the year ended 31 March 2024. The board expects to report revenues of approximately £37.2 million for the year (fiscal year 2023 £38.8 million) which, although slightly behind market expectations is a result of the ongoing transition of client deployments to the cloud, the first contract renewals of several large on-premise US clients (where there are no ongoing associated hardware revenues and set up charges), and the elongated sales cycles that delayed the closing of contracts in H1.
Delayed
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5-day change | 1st Jan Change | ||
42.34 GBX | +0.81% |
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+0.81% | +8.56% |
Jun. 11 | Eckoh proposes higher payout despite profit fall; confident in outlook | AN |
Jun. 11 | Earnings Flash (ECK.L) ECKOH Posts FY24 Revenue GBP37.2M | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+8.56% | 155M | |
+38.93% | 102B | |
+15.12% | 59.86B | |
-11.50% | 23.98B | |
-18.96% | 19.97B | |
+3.50% | 13.89B | |
+7.24% | 10.58B | |
+14.04% | 10.11B | |
-12.99% | 8.84B | |
-27.84% | 8.26B |
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- Eckoh plc Provides Earnings Guidance for the Year Ended 31 March 2024