Esker - Order intake drives upgrades
Esker’s Q2 revenue update confirmed that trading accelerated over the quarter, with revenue 28% higher against a weak comparative, but also 8% higher sequentially. Order intake has been strong so far this year, providing the basis for continued growth, and management has raised revenue guidance for FY21. We have upgraded our FY21 EPS forecast by 3.6%.ESKER and its subsidiaries are engaged in the design and production of software applications. Co. operates corporate resource access software such as applications and databases for workstations. Co. has three major product groups: Host Access, DeliveryWare and Fax Server. Host Access products allows users to access applications and databases stored on different servers from their own workstations. DeliveryWare responds to the need of companies for automatic management document delivery. Fax Server allows the user to send a fax directly from their workstation.
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