StockMarketWire.com - Video analytics provider Big Sofa Technologies said it expected revenues to grow 'significantly' in the second half of the year amid growing traction and repeat subscriptions from existing customers.

Revenues for the 6 months ending 30 June 2019 were anticipated to rise about 80% to £1.1m as its ongoing engagement with Ipsos continued to boost new and existing business.

The company said it was seeing deepening engagement with Ipsos, growing traction and repeat subscriptions from existing global customers, and new customer acquisition in a diverse range of sectors, including manufacturing, technology and retail.

The company said it would maintain the cost cutting programme implemented last year.

'The board expects revenues to grow significantly in the second half of its financial year while maintaining a tight focus on cost control,' Big Sofa Technologies said.

At 9:10am: [LON:BST] Big Sofa Technologies Group Plc Ord 3p share price was +0.55p at 4.65p



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