Diligent lifts 1H profit 30%, raises annual revenue expectations

Thu, 07 Aug 2014

By Paul McBeth Aug. 8 (BusinessDesk) - Diligent Board Member Services, the governance app maker forced to restate its accounts, lifted first-half profit 30 percent and has raised its expectations for annual revenue growth, as it embarks on winning over new industries. Net profit rose to US$4.28 million, or 4 cents per share, in the six months ended June 30 from US$3.28 million, or 3 cents, a year earlier, the New York-based, NZX-listed company said in a statement. That was below First NZ Capital's forecast for profit of US$5 million. Reve...

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