Blue Prism Group plc Reports Consolidated Earnings Results for the Year Ended October 31, 2018; Provides Revenue Guidance for the Fiscal Year 2019 and 2020
The Board is encouraged by the exit monthly recurring revenue generated by the sales momentum in the financial year ended 31 October 2018, and as a result, expects revenue for the 2019 financial year to be in line with the improved expectations outlined in its trading update.
It is expected that these investments should start benefitting the Group's financial performance in the next financial year with revenue for the year ending 31 October 2020 now expected to be above the top end of the current analyst range. The company believe that the current analyst range for FY2020 revenues to be between £100.9 million and £154.3 million.