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Learning Technologies Pretax Profit Hit by Higher Charges; Backs Full-Year Guidance

Por: MarketWatch Business September 26, 2023

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Revenue rose to GBP284.6 million from GBP277.8 million driven by the growth in SaaS and long-term contracts. Adjusted earnings before interest, taxes--a company-preferred metric--was slightly lower at GBP43.1 million compared with GBP43.6 million. The company has provided full-year revenue forecast of GBP560.2 million and adjusted EBIT of GBP98.0 million. As cash generative business, the company has made a voluntary debt repayment of $25 million... + full article



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