First Derivatives has announced that it has signed a contract with a FTSE 100 gaming company for the use of Kx technology to provide data analytics services. While no financials are disclosed, we believe this contract will generate healthy and growing annual licence revenue. More significantly, it is FD’s first win in retail analytics and provides an important reference for further penetration of what are potentially highly lucrative markets. We make no changes to our forecasts, recomme
20 Feb 2018
First contract win in retail analytics (gaming)
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First contract win in retail analytics (gaming)
FD Technologies PLC (FDP:LON) | 1,168 46.7 0.3% | Mkt Cap: 328.2m
- Published:
20 Feb 2018 -
Author:
N+1 Singer Team -
Pages:
3
First Derivatives has announced that it has signed a contract with a FTSE 100 gaming company for the use of Kx technology to provide data analytics services. While no financials are disclosed, we believe this contract will generate healthy and growing annual licence revenue. More significantly, it is FD’s first win in retail analytics and provides an important reference for further penetration of what are potentially highly lucrative markets. We make no changes to our forecasts, recomme