Thruvision Group Sees Revenue Dip but Stays Optimistic

Thruvision Group Sees Revenue Dip but Stays Optimistic

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

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.

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