tiprankstipranks
Thruvision Group Sees Revenue Dip but Stays Optimistic
Company Announcements

Thruvision Group Sees Revenue Dip but Stays Optimistic

Thruvision Group plc (GB:THRU) has released an update.

Stay Ahead of the Market:

Thruvision Group plc reports a decrease in half-year revenue to £1.9 million, down from £3.5 million, with a current order backlog of £0.3 million, amid Board changes and CEO Colin Evans’s departure. Despite the revenue dip, the company sees growth in retail distribution sales, including new customers, and expects increased full-year revenue to £9 million. The company remains optimistic with a strong sales pipeline and is working on converting significant opportunities into revenue.

For further insights into GB:THRU stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskThruvision Group Appoints New CEO to Lead Growth
TipRanks UK Auto-Generated NewsdeskThruvision Group Grants Share Options to CFO
TipRanks UK Auto-Generated NewsdeskThruvision Group Updates Blocklisting and Share Balance
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App