Wynyard warns revenue may miss annual forecast as contracts lag, shares fall

Tue, 16 Dec 2014

By Suze Metherell Dec. 17 (BusinessDesk) - Wynyard Group, the security software firm, warned annual revenue may come in lower than its forecast $29 million as negotiations with some of its larger customers lag. The shares fell. The Auckland-based company said sales may fall below that range if larger contract negotiations extend into the new year, having previously flagged annual revenue to be between $29 million and $32 million. It also announced a new contract with a European-based justice agency, which will see $700,000 in software and...

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