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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Software & services

First Derivatives to report tomorrow

It is quiet on the corporate earnings front this week. In the US, several companies report with quarterly period ends ending April, with Cisco the highlight, while in the UK, it is subdued as we transition to March period end results.

The week ahead

In the UK, Cerillion PLC (LON:CER) reported its interim results ending March today, while First Derivatives plc (LON: FDP) reports its final results, ending February, tomorrow. Also, Blue Prism Group PLC (LON:PRSM) released a trading update today and is holding a virtual event for investors this afternoon, ahead of its three-day Blue Prism World virtual customer forum which begins tomorrow. The virtual event for investors “customer day” will provide a deep dive into the group’s ecosystem of customers and partners via a combination of panel and keynote sessions.

First Derivatives, the global technology provider, announces its final results tomorrow. In its trading update in mid-April, it said that it traded in line with market expectations in the year just ended, generating revenue of £238mln and adjusted EBITDA of £40mln. Net debt at the period end was £10mln, which is better than analyst forecasts and down from the group's net debt of £49mln a year ago. The improvement in net debt is primarily driven by strong operating cash conversion, supplemented by the partial sale of the investment in Quantile Technologies for cash consideration of £11mln. The group has seen a number of management changes recently, with Ryan Preston promoted to Chief Financial Officer, Scott Matthews appointed Chief Executive Officer for MRP, the group's predictive intelligence business and Eric Raab appointed Chief Technology Officer for KX, the group's analytics software business.

Across the pond, it is quiet on the corporate earnings side, with some companies with quarterly period ends ending April, with Cisco the highlight, reporting its third-quarter numbers on Wednesday. Among the tech-related companies expected to report include Youdao, Analog Devices, Baidu, Baozun, Kingsoft Cloud, Cisco Systems, Synopsys, Keysight Technologies, Applied Materials and Palo Alto Networks.

Date · Company · Event · Period ending

17-May · Cerillion · Interim results · 31-Mar

18-May · First Derivatives · Final results · 28-Feb

18-20 May · Blue Prism · Blue Prism World

24-May · Kainos · Final results · 31-Mar

24-May · Cloudcall · AGM trading udpate

25-May · AVEVA · Final results · 31-Mar

26-May · Oxford Metrics · Interim results · 31-Mar

Late May/E June · Bytes Technology · Final results · 28-Feb

01-Jun · CentralNic · Q1 trading · 31-Mar

03-Jun · discoverIE · Final results · 31-Mar

Early June · Trackwise · Final results · 31-Mar

Week off 14/6 · SEEEN · Final results · 31-Dec

15-Jun · CML Microsystems · Final results · 31-Mar

15-Jun · GB Group · Final results · 31-Mar

18-Jun · Blue Prism · Interim results · 30-Apr

21-Jun · Sysgroup · Final results · 31-Mar

24-Jun · Alpha FMC · Final results · 31-Mar

24-Jun · Redcentric · Final results · 31-Mar

29-Jun · D4T4 · Final results · 31-Mar

June · Osirium · Final results · 31-Dec

June · Iomart · Final results · 31-Mar

June · Intercede · Final results · 31-Mar

June · Napster · Final results · 31-Mar

June · Eckoh · Final results · 31-Mar

01-Jul · AVEVA · Capital markets day

05-Jul · Panoply · Final results · 31-Mar

06-Jul · Ocado · Interim results · 31-May

Early July · AdEPT Technology · Final results · 31-Mar

Approx 22/7 · Ideagen · Final results · 30-Apr

28-Jul · FDM · Interim results · 30-Jun

29-Jul · SRT Marine · Final results · 31-Mar

July · Access Intelligence · Interim results · 31-May

July · Shearwater · Final results · 31-Mar

Late summer · GRC · Final results · 31-Mar

Source: Data from regulatory news and company websites

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