D4T4 wins major contract with existing banking client

by | Aug 9, 2023

(Sharecast News) – Data specialist D4T4 Solutions announced a significant contract win with an existing client in the banking sector on Wednesday.
The AIM-traded firm had previously mentioned two contracts that were expected to close in the current financial year.

It said the recently-secured contract would constitute a major portion of the revenue shortfall it was facing in 2024, with a significant amount of low-margin hardware.

The company forecast that the bulk of the hardware will be delivered in the first half of the 2024 financial year.

“At the company’s AGM this morning, the chairman will confirm the group has a strong pipeline and is highly confident in the group’s strategy to deliver growth and create significant shareholder value in the coming years,” the board said in its statement on Wednesday.

At 1552 BST, shares in D4T4 Solutions were up 2% at 198.9p.

Reporting by Josh White for Sharecast.com.

Related articles

US consumer sentiment improves in December

US consumer sentiment improves in December

(Sharecast News) - US consumer sentiment improved in December as worries about inflation receded, according to a survey released on Friday by the University of Michigan. The preliminary index of consumer sentiment ticked up to 69.4 from 61.3 in November and 59.8 in...

Latest Articles

Join our mailing list

Subscribe to our mailing list to receive regular updates!