Losses plummet further at WANdisco

Sheffield-headquartered IT infrastructure business WANdisco has reported plummeting losses, as well as a decline in revenue, in its annual results this morning.
For the year to 31 December 2018, the company reported revenues of $17m, down from $19.6m in the same period the year before. Pre-tax losses grew to $19.4m, dropping further from the $14m pre-tax losses the year before. The listed firm's adjusted EBITDA loss was $9.4m - deepening from the $600,000 the previous year.
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