Netcall PLC (AIM:NET), the call centre software firm, raised profits guidance after signing a multi-year contract with an S&P 500 international financial services firm.
The revenue for the initial three-year cloud subscription period is US$19mln and is expected to generate similar margins to Netcall's overall group margin, providing a significant contribution to the group's revenue and profit.
As a result, the board now expects adjusted underlying earnings (EBITDA) for fiscal 2023 to be significantly ahead of its previous expectations.
"This landmark contract demonstrates the quality of the Liberty platform and its ability to support the world's largest companies in their digital transformation efforts. Having successfully deployed initial applications in North America and Europe, the customer will now use Liberty low-code and RPA across its global operations,” said Henrik Bang, the chief executive of Netcall.
Shares in Netcall shot up 28% to 83.5p on the news.