LiDCO reported full-year results to 31 January 2017 in line with expectations. Following our change to forecasts after its £3m placing in December, there were no surprises and we make only minor changes to forecasts for FY 2018-20. FY 2018 should be a transformative year, benefiting from the company’s recent fundraise, which will support the build-out of its sales capabilities, but coupled also with the introduction of a new monitor platform and high usage pricing model that is ex
28 Mar 2017
2017 should be a transformative year
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2017 should be a transformative year
- Published:
28 Mar 2017 -
Author:
Mark Brewer | Cavendish Research -
Pages:
16
LiDCO reported full-year results to 31 January 2017 in line with expectations. Following our change to forecasts after its £3m placing in December, there were no surprises and we make only minor changes to forecasts for FY 2018-20. FY 2018 should be a transformative year, benefiting from the company’s recent fundraise, which will support the build-out of its sales capabilities, but coupled also with the introduction of a new monitor platform and high usage pricing model that is ex