Gentrack cranks up full year guidance to $200m

Gentrack has been on an expansion drive into the Middle East, India and Southeast Asia. (Image: Gentrack)

Mon, 20 May 2024

Listed software company Gentrack has upgraded its revenue guidance for 2024 to about $200 million. The company reported its half-year result for the six months to March 31 on Monday.It said it now expected earnings before interest, taxes, depreciation and amortisation (ebidta) for the full year to be between $23.5m and $26.5m, an increase of about 12% on previous guidance. This demonstrated its commitment to sustainable growth and financial strength, despite insolvencies of customers in the United Kingdom, it said.The company said on...

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