Picture of Craneware logo

CRW — Craneware News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologySpeculativeMid CapFalling Star

UK's Craneware sinks after cutting revenue outlook following cyber incident

BUZZ-UK's Craneware sinks after cutting revenue outlook following cyber incident

** Shares of healthcare financial software firm Craneware CRW.L down 20.3% at 1,070 pence
** Co cuts FY27 revenue expectations to about $185 million from prior forecast of between $205 million to $208 million, following a cyber security incident

** Co says financial outcomes of the incident are yet to be quantified, but has initiated a review of costs

** Up to Friday's close, stock had fallen 30.5%


(Reporting by Simone Lobo in Bengaluru)

((Simone.Lobo@thomsonreuters.com, +919920570373))

Recent news on Craneware

See all news