LiDCO reported interims to 31 July 20, which contained few surprises following the 24 August trading update, although the revenue mix was slightly different to the anticipated figure (stronger UK offsetting ROW) and included an exceptional profit of £0.2m. With a qualified US pipeline of HUP contracts worth c.$5m in recurring annual revenues, the company has indicated that it intends to cautiously expand its sales & marketing presence in the US using the current cash balances (&poun
13 Oct 2020
LiDCO - Interims – another upgrade
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LiDCO - Interims – another upgrade
- Published:
13 Oct 2020 -
Author:
Mark Brewer | Cavendish Research -
Pages:
12
LiDCO reported interims to 31 July 20, which contained few surprises following the 24 August trading update, although the revenue mix was slightly different to the anticipated figure (stronger UK offsetting ROW) and included an exceptional profit of £0.2m. With a qualified US pipeline of HUP contracts worth c.$5m in recurring annual revenues, the company has indicated that it intends to cautiously expand its sales & marketing presence in the US using the current cash balances (&poun