EU Supply up as e-procurement software provider reveals new contract with EU-funded aid ...
Summary
WANdisco PLC ( LON:WAND ) saw its shares sink nearly 10% lower in mid-morning trading to 860p after the software firm warned its first-half bookings have decreased as it transitions toward predictable, annual recurring cloud revenue.The firm said it expects adjusted earnings (EBTIDA) for fiscal year 2019 to be “significantly lower” than previous guidance at less than half of the £12.5mln reported for 2018 due to revenues falling short of analysts’ forecasts and weaker margins from a higher amount of clearance activity in stores.Frontera Resources Corporation ( LON:FRR ) was the biggest market gainer in early morning trading, jumping nearly 32% higher to 0.31p as the exploration company revealed the possibility of deals with “industry majors”.Tissue Regenix Group PLC ( LON:TRX ) said it remained committed to hitting its target of breaking even by 2020 as its interim results revealed the company delivered strong financial and operational performances.Strategic Minerals PLC ( LON:SML ) (USOTC:SMCDY) has signed an agreement in principle to sell a suite of gold tenements currently held by its subsidiary Central Australian Rare Earths.