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The Markets
by Proactive
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by Proactive
Proactive UK has moved.
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Energy

Kainos shares fall in response to latest interims

Shares in FTSE 250-listed software company Kainos Group PLC (LSE:KNOS) were off more than 15% on Monday in response to the company’s latest interim results.

Though annual revenues and profits were up, total bookings fell 9%, reflecting a decrease in the healthcare sector.

Earnings per share remained essentially flat, while the group’s cash position appeared robust as of 30 September.

Shares were changing hands for 1,036p at the time of writing.

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