LiDCO reported interims to 31 July 2018, which contained no surprises, given the 20 August trading update. The first half performance was influenced by the transition, particularly in the US, from capital sales to SaaS-licenced High Usage Programme (HUP) monitors. Revenues declined 8% to £3.6m with adjusted LBITDA and pre-tax loss of £0.8m (-£0.6m) and £1.2m (£1.0m), respectively. Further HUP licence wins were announced today, taking the total in the US to 92 and 137 globally, which together wit ....
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LiDCO - Interims – new HUP licences and UK distribution deals
- Published:
09 Oct 2018 -
Author:
Mark Brewer -
Pages:
16
LiDCO reported interims to 31 July 2018, which contained no surprises, given the 20 August trading update. The first half performance was influenced by the transition, particularly in the US, from capital sales to SaaS-licenced High Usage Programme (HUP) monitors. Revenues declined 8% to £3.6m with adjusted LBITDA and pre-tax loss of £0.8m (-£0.6m) and £1.2m (£1.0m), respectively. Further HUP licence wins were announced today, taking the total in the US to 92 and 137 globally, which together wit ....