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Netcall PLC - Bedford-based customer engagement software provider - Expects revenue for year ended June 30 of £36.0 million, up 18% from £30.5 million the year before. Says adjusted earnings before interest, tax, depreciation and amortisation will be around £8.0 million, up 25% from £6.4 million a year prior. Attributes growth to sales in cloud offerings, with cloud annual contract value up by 21% to £18.1 million from £15.0 million. Adds it has renewed a $19 million three-year cloud subscription contract with an unnamed financial services firm. Says contract is now for five years and valued at $20 million. Chief Executive Officer Henrik Bang said: ‘Underpinned by a robust balance sheet, strong pipeline of new business and increasing visibility, we look forward with confidence in the group’s long-term prospects.’ Current stock price: 100.50 pence, down 11% on Thursday in London 12-month change: up 15% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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