StockMarketWire.com - Internet domain names services provider CentralNic said it expected to performance 'comfortably' in line with market expectations as first-half revenue was anticipated to more than doubled year over year.
For the six months ended 30 June 2020, revenue was forecast in excess of $110m and adjusted EBITDA in excess of $15m, up from $49.7m and $9.2m on-year, respectively .
Cash increased to $27.6m from $24.1m as at 31 March 2020, whilst net debt decreased to $76.4m from $76.8m as at 31 March 2020.
The interim report for the six months ended 30 June 2020, was expected to be published on 1 September 2020.
At 8:56am: [LON:CNIC] Centralnic Group Plc share price was +2.5p at 85p
Story provided by StockMarketWire.com
Shares Magazine
Shares is the leading weekly publication for retail investors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money.
Investor Events
Shares puts on free Investor Events throughout the year across the country. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists.