Technology
Eneraqua describes 'encouraging' trading in year-to-date
Energy and water efficiency technology company Eneraqua said in an update that, after its initial public offering in November, trading in the first half of the financial year had been “encouraging” as it remained on course to deliver on its growth plans.
TruFin ups stake in Satago as it inks Lloyds Bank deal
TruFin said on Friday that its majority-owned investment Satago and Lloyds Banking Group have entered into a five-year commercial agreement for the bank to licence Satago's software platform for its single invoice finance and whole-of-book invoice factoring customers.
GB Group reports strong performance in year-to-date
Digital location, identity and fraud software company GB Group said in an update on Thursday that the benefits of its diversity in geography, sector and solution-set were evident in its performance so far this year.
Ceres Power expecting China venture to complete in second half
Fuel cell and electrochemical technology developer Ceres Power said in a trading update on Thursday that first-half revenue and other operating income was currently expected to be £10m, down from £17. 4m year-on-year.
Restore warns of higher finance costs after strong first half
Restore reported a 32% improvement in revenue in its first half on Thursday, to £140. 3m, driven by “strong” organic momentum of 14%, and the integration of acquisitions driving growth of 13%, though it did warn of higher finance costs for the full year.
IAG places order for 37 Airbus jets with an option for another 50
IAG announced a big order for Airbus single aisle A320neo and A321neo jets.
Dollar strength masks first-half progress at Boku
Mobile payments provider Boku said in an update on Wednesday that first-half payments revenue was expected to be at least $30. 3m, broadly in line with the $30. 7m it reported last year.
US durable goods orders jump in June as defence aircraft orders nearly double
Orders for goods made to last more than three years posted a sharp and unexpected rise last month, albeit mainly on the back of a near doubling in orders for defence aircraft.
Smart Metering lifts full-year earnings expectations
Smart Metering Systems said in a trading update on Wednesday that its index-linked annualised recurring revenue had grown 8% over the six months to 30 June, to £93. 1m, as it lifted its full-year earnings expectations.
Investors cheer Microsoft reiterating full-year guidance
Microsoft pleased investors with its forecasts for continued strong growth over the year ahead, although its latest quarterly results fell short of expectations.
Alphabet beats analysts' estimates for Q2 sales and ad revenues
Alphabet's second quarter earnings fell short of analysts' estimates despite better-than-expected topline growth.
Tremor International to acquire Amobee for $239m
Video, data and connected television advertising technology company Tremor International has agreed to acquire Amobee for $239m, it announced on Tuesday, subject to adjustments.
GP acquisition sees revenue, earnings surge at Learning Technologies
Digital learning and talent management company Learning Technologies described a “strong performance” in a half-year update on Tuesday, saying it expected revenues to rise to at least £280m, from £82. 6m a year earlier.
Dotdigital profits set to exceed full-year expectations
Marketing automation and customer engagement software company Dotdigital said in an update on Tuesday that revenue for the year just ended was at the top end of the range it gave at half-year, and in line with market expectations, growing 8% to £62. 8m.
Enlarged Craneware reports surge in full-year revenue
Healthcare technology company Craneware said in a trading update on Tuesday that group headline revenues were ahead 119% year-on-year for the financial year just ended, to $165. 5m.
Strong growth continues in first half at Ebiquity
Media investment analysis provider Ebiquity said in an update on Monday that it continued its growth trajectory in the first half with revenue of about £37m, up 16% year-on-year.
Parity upbeat on improvement in net fee income
Data and technology-focussed recruitment and professional services provider Parity Group said in an update on Monday that its first-half net fee income was expected to be up to 9% higher against the second half of 2021.
Science Group confident after 'record' first half
Science Group reported “record” first half results on Monday, slightly ahead of the board's expectations, with revenue rising 10% to £44. 8m.
Philips slashes guidance as China lockdowns hit Q2 sales
Dutch technology conglomerate Philips reported a 7% fall in comparable group sales in its second quarter on Monday, to €4. 2bn (£3. 57bn), mainly caused by continued supply shortages and prolonged lockdowns in China, as it also cut its guidance for the year.