11 January 2021 | 09:37am
StockMarketWire.com - Communications services provider Gamma Communications said annual performance for 2020, was expected to be ahead of the range of market forecasts.
Revenues was expected to be towards the top of the range of expectations of £371.8 million to £396.7 million.
Adjusted earnings before interest, taxes, depreciation and amortisation, or EBITDA, and adjusted EPS for the year ended 31 December 2020 was expected to be slightly ahead of the range of market forecasts of £73.9 million to £76.0 million and 47.0 pence to 51.0 pence, respectively. This performance reflects a continued strong demand in the UK and European business markets for Gamma s portfolio of UCaaS [unified communication as a service] products, the company said.