Craneware H1 revenue rises 6%, plans $25 mln buyback

Craneware

02/03/2026 07:13

Overview

Healthcare financial solutions firm's H1 FY26 revenue grew 6% yr/yr

Adjusted EBITDA rose 10% and adjusted EPS grew 16% yr/yr

Company plans a $25 mln share buyback program

Outlook

Company expects FY26 results in line with market expectations

Craneware sees considerable long-term growth opportunities due to strong market positioning

High levels of expansion sales and 340B Shelter opportunity to drive positive H2 performance

Result Drivers

NEW CUSTOMER SALES - Sales to new customers increased to 12% of total sales, reflecting higher competitive take-out rate and future expansion potential

MICROSOFT PARTNERSHIP - Collaboration with Microsoft enhanced AI capabilities, leading to accelerated innovation and new Trisus functionality

340B REBATE MODEL - Despite postponement, 340B Rebate model demonstrated Craneware's ability to adapt and provide integrated solutions, supporting future growth

Company press release: ID:nRSB8151Ua

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
$105.70 mln
H1 Gross Profit
$89.67 mln
H1 Operating Expenses
-$75.44 mln
H1 Operating Profit
$13.32 mln
H1 Pretax Profit
$13 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for Craneware PLC is GBp2,885.50, about 90.5% above its February 27 closing price of GBp1,515.00

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 23 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)