Brief: Cbrain Raises Earnings Expectations In 2021

cBrain A/S

17/01/2022 08:40

Jan 17 (Reuters) - Cbrain A/S  CBRAIN.CO :
    * RAISES EARNINGS EXPECTATIONS IN 2021 TO OVER 21%
    * AS RESULT, CBRAIN'S EXPECTATIONS FOR REVENUE GROWTH WERE
ADJUSTED IN DECEMBER FROM EXPECTED REVENUE GROWTH OF 23-25% TO
EXPECTED ONE REVENUE GROWTH OF OVER 27% IN FINANCIAL YEAR 2021
    * INCREASED REVENUE IS PRIMARILY DUE TO SOFTWARE
SUBSCRIPTIONS AND
ACQUISITIONS OF SOFTWARE LICENSES, IN THE FORM OF MULTIPLE USERS
AND SOFTWARE MODULES
    * EXPECTS EARNINGS BEFORE TAX (EBT) OF OVER 21%  IN 2021
    * PREVIOUSLY EXPECTED EARNINGS BEFORE TAX (EBT) OF 15-19% IN
2021

Source text for Eikon:  ID:nGNE3PGtgC 
Further company coverage:  CBRAIN.CO 

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