London-listed Windward gains on strong half-year performance
17/08/2023 09:29
** Shares of Windward Ltd WNWD.L jump as much as 9.8% to
45p
** Maritime AI company posts 18% growth in half-year revenue
at $12.8 mln and reports a smaller adjusted core loss of $3.8
mln
** Co says second-half trading has begun strongly and it is
confident in meeting market expectations for full year ending
Dec. 31
** Ami Daniel, CEO and co-founder, says co's services have
benefited against the backdrop of Ukraine war, increasing
regulations and market-wide drive for cost reductions
** Stock currently up about 5%, trimming YTD losses to ~69%
(Reporting by Aby Jose Koilparambil in Bengaluru)
((abyjose.koilparambil@thomsonreuters.com))