Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Wandisco ( (GB:CRTA) ) has shared an update.
Cirata plc reported its strongest bookings quarter since Q2FY22, driven by a significant contract with a top US bank and a strategic partnership with IBM. The company’s focus on Data Integration (DI) has resulted in a notable shift in its business mix, with DI bookings increasing by 81% year-over-year, representing 66% of FY24 bookings. Cirata’s financial discipline has led to a substantial reduction in cash overheads, positioning the company for a growth phase in FY25, with expectations for improved sales activity and continued cost management.
More about Wandisco
Cirata plc operates in the data integration industry, focusing on providing data integration solutions. The company’s core growth driver is its Data Integration (DI) product, with a significant emphasis on enhancing commercial channels and product offerings.
YTD Price Performance: -4.79%
Average Trading Volume: 230,862
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £28.58M
Find detailed analytics on CRTA stock on TipRanks’ Stock Analysis page.
