May 17, 2019 / 6:11 AM / a year ago

UK software firm Sage expects revenue growth at top end of its forecast

May 17 (Reuters) - British software company Sage on Friday said it expects full-year organic recurring revenue growth to be at the top end of its previous forecast, underpinned by higher software subscriptions.

The company, whose software is used by millions of small businesses worldwide, in January said it expects recurring revenue growth of between 8% to 9% and said revenue growth would be constrained in the short term as it focuses on subscription services.

Reporting by Samantha Machado in Bengaluru; Editing by Bernard Orr

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