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Nasstar losses narrow as revenue jumps

By BFN News | 08:22 AM | Tuesday 01 May, 2018


Cloud computing services provider Nasstar said annual losses narrowed after higher revenue was offset by restructuring costs. Pre-tax profit amounted to £1.2m, compared to £1.8m in 2016. Revenue rose 31% to £24.5m, with underlying growth excluding acquisitions of more than 9%. The company declared a final dividend of 0.06p per share, up 15% on-year. At 8:22am: (LON:NASA) Nasstar PLC share price was +0.15p at 11.65p Story provided by StockMarketWire.com

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