Vista annual profit falls less than forecast as sales climb 55%

Vista annual profit falls less than forecast as sales climb 55%
By Paul McBeth Feb. 27 (BusinessDesk) - Vista Group International, the cinema software and analytics company, reported a smaller drop in annual profit than forecast in last year's offer document as sales climbed 55 percent on rapid growth in its core cinema software division. Net profit fell to $3.99 million, or 5.9 cents per share, in calendar 2014, from $5.71 million, or 9.76 cents a year earlier, beating its July prospectus forecast for $3.44 million, the Auckland-based company said in a statement. Revenue rose to $47.2 million from $3...