UK's Beeks Financial Cloud rises after upbeat annual forecast

Beeks Financial Cloud

Mon 08:54

** Shares of cloud computing and connectivity provider Beeks Financial Cloud BKSB.L up nearly 5% at 185 pence
** Co forecasts fiscal 2027 revenue of £43 million ($57.27 million) to £48 million, a growth of between 7.5% and 20% from year ago, supported by new customer wins and a strong pipeline 
** Notes underlying core profit margin of 38% to 42% vs about 40% in 2026
** Stock down nearly 19% YTD
($1 = £0.7509)

(Reporting by Neeshita Beura in Bengaluru)
((Neeshita.Beura@thomsonreuters.com))