Revenue jumps at First Derivatives after 'multiple' contract wins - News Summed Up

Revenue jumps at First Derivatives after 'multiple' contract wins


Global analytics software business First Derivatives has seen its revenue jump 11pc year-on-year to £116.7m (€135m) in the six months to 31 August. Global analytics software business First Derivatives has seen its revenue jump 11pc year-on-year to £116.7m (€135m) in the six months to 31 August. Revenue jumps at First Derivatives after 'multiple' contract winsThe performance was driven by “multiple contract” wins across both software and managed services and consulting. Adjusted earnings before interest, taxation, depreciation, and amortisation was up 22pc to £22m (€25m), according to a trading update from the company. Software revenue from industry increased by 45pc to £4.4m, while firm’s managed services and consulting revenue was up 7pc to £45.2m.


Source: Irish Independent November 05, 2019 07:52 UTC



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