Rosslyn Data shares surge on contract win
Investors hailed the news and shares rose over 11% to 17.25p each....
Company
LON:RDT
Rosslyn Data Technologies PLC is a leading provider of a cloud-based big-data analytics platform. The company provides analytical services by combining four key technologies: bulk data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers.
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Investors hailed the news and shares rose over 11% to 17.25p each....
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Rosslyn could deliver 80% revenue growth this year and breakeven next fiscal period,” broker Cenkos said.
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Big data cloud technology firm Rosslyn Data Technologies has named Roger Bullen as its new chief financial officer. .
If concerns about cash running out before the company hits cash flow break-even are depressing the share price of Rosslyn, those fears are unfounded, the house broker reckons
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Rosslyn Data Technologies, the data analytics specialists, said top line growth in the year just gone was strong as it updated on trading.