Geo's annual sales to fall short of guidance, break-even postponed

Wed, 08 May 2019

By Jenny Ruth May 9 (BusinessDesk) - Struggling workforce productivity software company Geo says annual sales will fall short of guidance and that break-even is further out. “Geo now expects that its year-on-year growth in annual recurring – subscription – revenues will be 21-23 percent, that growth in total revenues – including non-recurring training and development income –will be about 20 percent,” Geo says in a statement. It had previously predicted revenue growth of 25-30 percent for the year ending June. Break-even at the earn...

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