Edison Investment Research - NetDimensions Holdings Ltd (NDHLF) Update: H1 revenues rose by 16% to $10.6m

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Edison Investment Research

Update: H1 revenues rose by 16% to $10.6m

NetDimensions (AIM: NETD, OTCQX: NETDY) has announced that H1 revenues grew by 16% to $10.6m, indicating that the group is on track to meeting our FY15 forecasts. The average new deal size more than doubled, reflecting the groupâ€™s focus on winning larger customers in its targeted high-consequence industries, along with the higher level of services associated with these larger deals. Given that the company's US peers continue to trade at significant EV/sales premiums, we continue to believe that NETD's shares could warrant a significant re-rating.

16/07/2015 3 EN

Underlying

NetDimensions Holdings Ltd

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KYG6427F1019 Cayman Islands

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Update: H1 revenues rose by 16% to $10.6m

Ford Equity International Rating and Forecast Report

Group returns to revenue growth in Q3

On target for FY17 profitability

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

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