Eroad changes revenue guidance

Mon, 07 Nov 2022

Transport software company Eroad has increased the lower end of its revenue guidance after securing and renewing overseas contracts.It now expects its revenue for the current financial year to be between $154 million and $164m, from $150m and $170m, with its earnings before interest and tax (Ebit) remaining unchanged at between a loss of $5m and break-even.In its trading update, the company said it had secured a five-year agreement with North American food service company Sysco, with an initial order to supply software as a service (SaaS) subsc...

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