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Blue Prism sees FY revenue beating market views

Wednesday, 22nd February 2017
Blue Prism said the positive trading momentum of FY 2016 has continued into FY 2017, adding directors now anticipate revenue for the latter period will be materially ahead of existing market views.

The company said it had secured 83 new software deals, of which 49 were new customers and 34 were up-sells to existing customers. All new deals were secured indirectly via the group's channel partners.

"Taking into consideration the above trading performance in the first quarter of the current financial year the Board now anticipates revenue for the full year will be materially ahead of existing market expectations," it said.

CEO Alastair Bathgate said Blue Prism had a strong pipeline and looked forward to the remainder of 2017 with confidence.

At 8:59am: (LON:PRSM) Blue Prism Group Plc share price was +47.5p at 494.5p

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