OTC Market’s (OTCM) third-quarter results were consistent with our expectations and showed healthy revenue progress in each segment. This is a year of investment for the group in people, IT, a new headquarters and acquired businesses. Earnings are set to fall as a result, but we expect growth to resume in FY20 with longer-term benefits also likely to flow from the enhanced capabilities and infrastructure.
19 Nov 2019
OTC Markets Group - Revenue progress across group
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OTC Markets Group - Revenue progress across group
OTC Markets Group Inc. (OTCM:OTC) | 0 0 0.0%
- Published:
19 Nov 2019 -
Author:
Andrew Mitchell -
Pages:
15
OTC Market’s (OTCM) third-quarter results were consistent with our expectations and showed healthy revenue progress in each segment. This is a year of investment for the group in people, IT, a new headquarters and acquired businesses. Earnings are set to fall as a result, but we expect growth to resume in FY20 with longer-term benefits also likely to flow from the enhanced capabilities and infrastructure.