Bytes upgrades annual outlook after strong first-half gross-profit growth
Bytes ($BYIT) Technology Group raised its fiscal 2027 expectations after trading ahead of plan in the first half. Gross invoiced income is estimated to have increased 19%, gross profit 18%, and operating profit 6%. Management now expects full-year gross-profit growth in the low-to-mid teens and operating-profit growth in the low-to-mid single digits. Higher technology spending and a return to more normal bonus levels explain why operating profit grew more slowly than gross profit. The company en
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