Blur provided a highly encouraging Q4 quarterly metrics and year end update. Revenues are in line with expectations whilst the EBITDA loss and year end cash position are better than expectations. The group has made significant strides in reducing cash burn even as it continues to execute on its enterprise-focused strategy. In this regard, progress has been equally encouraging with increasing number and proportion of projects from enterprise customers. This is a good update showing progress towar ....

27 Jan 2016
Revenue in line; EBITDA and cash better

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Revenue in line; EBITDA and cash better
Maistro (MAIS:LON) | 0 0 28.5% | Mkt Cap: 9.04m
- Published:
27 Jan 2016 -
Author:
Singer CM Team -
Pages:
4 -
Blur provided a highly encouraging Q4 quarterly metrics and year end update. Revenues are in line with expectations whilst the EBITDA loss and year end cash position are better than expectations. The group has made significant strides in reducing cash burn even as it continues to execute on its enterprise-focused strategy. In this regard, progress has been equally encouraging with increasing number and proportion of projects from enterprise customers. This is a good update showing progress towar ....