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.
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5-day change | 1st Jan Change | ||
44.5 GBX | 0.00% | -3.26% | +14.10% |
11/06 | Eckoh proposes higher payout despite profit fall; confident in outlook | AN |
11/06 | Earnings Flash (ECK.L) ECKOH Posts FY24 Revenue GBP37.2M | MT |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+14.10% | 162M | |
+42.50% | 104B | |
+10.74% | 57.19B | |
-14.22% | 23.33B | |
-18.59% | 20.12B | |
+15.75% | 14.64B | |
+8.87% | 10.86B | |
+5.14% | 9.42B | |
-14.95% | 8.81B | |
0.00% | 7.52B |
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- Eckoh plc Provides Earnings Guidance for the Year Ended 31 March 2024