StockMarketWire.com - Craneware posts pre-tax profits of $7.5m for the six months to the end of December - 23% up on last time.

Revenue increased 16% to $26.8m and adjusted EBITDA rose by 16% to $8.2m.

Adjusted basic earnings per share increased 15% to 21.6 cents and the proposed interim dividend of 8.7p per share is up 16%.

Chief executive Keith Neilson said: "The first half of the year has been a period of successful execution against our stated growth strategy, delivering accelerated growth at both the revenue and adjusted EBITDA level.

"During the period we have taken significant strides forward in terms of delivering our expanded product suite, educating our market place and also further investing in our people.

"These ongoing achievements mean we are well positioned to deliver against a market opportunity that is now considerably larger than at any other point in our history.

"Against a backdrop of the recent US Presidential election, the overriding consensus for the need to drive value in US Healthcare has been re-affirmed.

"There is ongoing support for the move to value-based care and increasing consumerism.

"Our Value Cycle software suite will continue to help US Healthcare providers meet the challenges they will face as they navigate the ongoing re-imbursement model changes.

"These supportive market drivers, our investment for the future and our continued profitable growth give us confidence in continuing to deliver value for our stakeholders."






At 9:25am: [LON:CRW] Craneware PLC share price was +12.5p at 1195p



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