Navigation Links
Craneware Announces Half-Year Results
Date:2/25/2009

Record 69% growth in sales in the first half of Craneware's 10th Anniversary Year

ATLANTA, Feb. 25 /PRNewswire/ -- Craneware (AIM: CRW.L), a leading provider of financial performance improvement software for hospitals and health systems, is pleased to announce its interim results for the half year ended December 31, 2008.

Highlights

  • Total of $21.8m in contracts booked in the half (H108: $12.9m) contributing to:
    • 28% increase in future revenues under contract to $51.1m (FY08: $39.9m)
    • 22% increase in revenues in the period to $10.6m (H108: $8.7m)

  • Profit before taxation increased by 59% to $2.6m (H108: $1.6m)

  • Strong balance sheet with $20.8m cash

  • Basic EPS increased to $0.078 (H108: $0.064)

  • Newly launched Patient Charge Estimator(TM) and Pharmacy ChargeLink(TM) delivering significant ROI to initial customers

  • Accelerated investment in product management and marketing

  • Increasing fiscal and legislative pressures driving market opportunity

Craneware CEO Keith Neilson commented, "Entering our 10th year of trading, these results highlight the growing maturity of Craneware and the increasingly robust nature of the business model. With a broadening product set and rapidly increasing revenue visibility, we not only have a high level of predictability over future performance, but are also extremely well-positioned for future growth and further expansion of our market footprint. The market continues to look strong with legislative changes expected to work in our favor, resulting in our confidence in a successful outcome for the current year and beyond."

About Craneware

Craneware partners with healthcare organizations to improve returns, increase productivity and manage risk, driving better financial and operational performance using market-driven revenue management solutions. By enhancing revenue capture processes, Craneware solutions allow those organizations to optimize reimbursement, improve operational efficiency, and support compliance. Visit www.craneware.com

A full copy of the Company's Interim Results can be found on Craneware's Web site at www.craneware.com. In the Investors area of the Web site, click on Financial Reports.

This document does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for Ordinary Shares in any jurisdiction in which such offer or solicitation is unlawful.


'/>"/>
SOURCE Craneware
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
2. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
3. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
4. HEI, Inc. Announces Sale of RFID Division Assets
5. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
6. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
7. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
8. Brooke Franchise Corporation Announces Selected July Results
9. Manor Care, Inc. Announces Record Date for Special Stockholder Meeting
10. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Adipex-P(R)
11. Planet Technologies Announces Agreement to Acquire Antigen Laboratories
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/18/2017)... ... August 18, 2017 , ... ... a highly specialized asset-light logistics provider of complex transport solutions for mission-critical ... to purchase Unitrans International Corporation, a division of Roadrunner Transportation Systems, Inc. ...
(Date:8/18/2017)... ... August 18, 2017 , ... The Dawn Johnson Insurance Group, a Missouri-based insurance ... to generate community support for efforts to educate the local population on cancer realities ... types of cancer. , Each day in America, roughly 4,600 new cases of ...
(Date:8/18/2017)... ... August 18, 2017 , ... The Brian Gifford Agency, an Indiana-based firm providing ... support of Campagna Academy in a charity drive to provide for at-risk children and ... Indiana,” Campagna Academy is a nonprofit organization that has offered critical programs to at-risk ...
(Date:8/18/2017)... ... August 18, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The House of Yahweh in ... veil on false teachings pertaining to the mother of the Savior whom the world calls ... far different picture of the role of this historical woman. , “The world bows, ...
(Date:8/18/2017)... ... 18, 2017 , ... “Dangerous Inheritance”: a mystery about saving the family farm. ... from Southwest Nebraska where she was raised on a farm. As Diane wrote ... fictional, but the friendships and mantra of ‘neighbors helping neighbors’ have always been a ...
Breaking Medicine News(10 mins):
(Date:8/4/2017)... -- The search for test results that can be ... long been the goal of healthcare providers and the ... largest meeting of lab professionals and IVD firms this ... Kalorama Information.  The firm said scores of companies with ... and software were at the American Association for Clinical ...
(Date:8/2/2017)... Fenita J. Caldwell is ... Lifetime Professional in the Field of Healthcare. Caldwell ... Pharmaceuticals, AG. Her skills and areas of expertise ... Fenita ... experience as a highly successful sales specialist in ...
(Date:8/2/2017)... Aug. 2, 2017 CaryRx, a next-generation full-service pharmacy, ... service for patients in the Washington D.C. ... pharmacy by providing delivery of medications through the convenience of ... delivery or delivered within one hour to any location in ... to bring this invaluable service to Washington D.C. ...
Breaking Medicine Technology: