Edition:
India

Sopheon Says Expects To Deliver Reported Revenues For Year Ended 31 Dec 2019 Of About $30 Million


Tuesday, 28 Jan 2020 

Jan 28 (Reuters) - Sopheon PLC ::SOPHEON - EXPECTS TO DELIVER REPORTED REVENUES FOR YEAR ENDED 31 DEC 2019 OF ABOUT $30 MILLION (2018: $34 MILLION) WHICH IS IN LINE WITH MARKET EXPECTATIONS.SOPHEON PLC SAYS EBITDA AND PRE-TAX PROFITS ARE ALSO EXPECTED TO BE IN LINE WITH MARKET EXPECTATIONS FOR YEAR ENDED 31 DECEMBER 2019.SOPHEON PLC SAYS YEAR-END NET CASH POSITION IS EXPECTED TO BE $19.2 MILLION (2018: $16.7 MILLION) UNDERLINING CONTINUED CASH GENERATIVE NATURE OF BUSINESS. 

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