Craneware PLC on Wednesday - Edinburgh, Scotland-based provider of software solutions focused on the US healthcare industry - Tells its annual general meeting that positive momentum seen in the financial year that ended June 30 has continued into the new financial year. Investments into the Trisus platform have supported continued revenue and earnings before interest, tax, depreciation and amortisation growth. Craneware says it is trading in line with the current market expectations for the current financial year.

It commented: ‘Following the [US presidential] election, US hospitals are now preparing for a period of stability and investment in strategic growth. We anticipate this will be a driver of demand for our solutions, as healthcare providers seek to optimise their operational and financial performance and maximise this investment. Alongside the group’s direct sales efforts, the recently signed alliance with Microsoft [Corp] is progressing well, with Trisus offerings now live on the Azure Marketplace and the first sizeable customer contract secured via the marketplace.’

Current stock price: 2,305.00 pence each, up 1.5% on Wednesday morning in London

12-month change: up 39%

Copyright 2024 Alliance News Ltd. All Rights Reserved.