Defence-related contracts trigger ‘significant progress’ at software firm
The chief executive of South West-based training software specialist Pennant International today hailed its “significant progress” as it reported a 29% increase in half-year revenue.
The firm, based in Staverton, near Cheltenham, also narrowed its pre-tax loss to £300,000 in the six months ended 30 June from £2m last time.
Revenue for the period rose to £5.8m as the firm launched phase three of Auxilium, its market-leading system support software.
Its partner channels to market were also bearing fruit, Pennant said, wi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
