WANdisco’s $1m application lifecycle management (ALM) deal with a leading Chinese tech company will add support to our FY18 forecasts, although big data/cloud deals remain key to driving the inflection. The recent retrenchment in the share price appears to be discounting a miss, but we continue to believe that achieving the required inflection in H2 could be a watershed for the perception of this business’s growth fundamentals.
05 Nov 2018
WANdisco - $1m application lifecycle management deal
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WANdisco - $1m application lifecycle management deal
Cirata Plc (CRTA:LON) | 44.2 0.4 2.3% | Mkt Cap: 50.8m
- Published:
05 Nov 2018 -
Author:
Dan Ridsdale -
Pages:
2
WANdisco’s $1m application lifecycle management (ALM) deal with a leading Chinese tech company will add support to our FY18 forecasts, although big data/cloud deals remain key to driving the inflection. The recent retrenchment in the share price appears to be discounting a miss, but we continue to believe that achieving the required inflection in H2 could be a watershed for the perception of this business’s growth fundamentals.