StockMarketWire.com - Analytics-as-a-service company Actual Experience reported narrower first-half losses as revenues were bolstered by new business wins.

For the six months ended 31 March 2019, pre-tax losses narrowed to £3.42m from £3.76m as revenues jumped to £0.953m from £0.264m.

The improved results were helped by two significant new customer deployments seen in the first half of the year.

The first was a 'leading global software-as-a-service company, for whom our analytics are being deployed to analyse the human experience of their SaaS from numerous cities, globally.,' the company said. 'The second is a major government department, for whom their analytics are being deployed to analyse the quality of distribution of core digital services to key government sites.'

'The success of the two large scale deployments announced last year has been the catalyst for deepening our engagement with these Channel Partners in the new financial year,' said Dave Page, CEO of Actual Experience.

'With a significant market opportunity, growing Channel Partner traction and increasingly scalable offering, the Board looks to the future with confidence.'


At 8:45am: [LON:ACT] Actual Experience Plc share price was 0p at 185p



Story provided by StockMarketWire.com