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Blue prism stock6/16/2023 ![]() No representation or warranty is given as to the accuracy or completeness of this information. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. This information has been prepared by IG, a trading name of IG Markets Limited. ‘We are investing into this opportunity, including the acquisition of Thoughtonomy, announced today, which is an important step in targeting the mid-tier and developing our enterprise cloud approach.’ ‘The RPA market continues to develop into a significant software category, and we are increasingly well positioned to capitalise on this,’ he added. The company closed the year with a cash position of £74 million, up from £50.5 million last year. Sales momentum has resulted in a very strong financial performance with total business over the period of £181 million, up from £143 million last year.īlue Prism expects 2019 revenues to be at least £98 million, up from £55.2 million in 2018. Blue Prism leads the way in burgeoning RPA market You can go long or short Blue Prism with IG using derivatives like CFDs and spread bets. These upsells demonstrate the software's scalability and the strategic nature of customer deployments, it added. ‘We have a good track record of helping customers scale, which provides an opportunity to upsell this new cohort.’īlue Prism has demonstrated its future upsell potential with significant success with its existing customer base, resulting in 1,139 upsells into 544 customers, the company said. ![]() ‘I am delighted with our progress in the first half of 2019, with an increase in deal momentum driven by the new commercial framework which we introduced to make Blue Prism easier to adopt,’ Blue Prism CEO Alastair Bathgate said. The company’s total customer base as of October 31 sat at 1,677, representing an increase of 69% compared with last year, helping the business to upsell, which has driven further sales. Blue Prism targets mid-tier enterprisesīlue Prism has added 685 net new customers during 2019, while maintaining a customer retention rate of 96%. Looking to trade Blue Prism? Open a live or demo account with IG. ‘As a result, the Group enters 2020 with a record order book.’īlue Prism’s share price closed 4% lower on Wednesday at £11.04. ‘Sales volumes have continued to be high, particularly in upsells, and increased deal sizes have driven material additions in the total business generated in the year,’ the company said in its latest trading statement. What is sectors trading and how does it work?īlue Prism has seen its shares climb more than 30% following its half-year results last week, where the company said it saw ‘significant acceleration’ in sales during its second half, which will see it enter next year with a record order book. ![]() What are futures and how do you trade them?.What are options and how do you trade them?.
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