Cerillion cuts revenue expectations after customers delay software orders
Cerillion ($CER) expects annual revenue of £46–48 million, below the £52.8 million analyst consensus, after customers deferred license expansions and upgrades. The range would still exceed the previous year’s £45.4 million revenue, but the timing changes mean substantially less growth than the market had anticipated. Management now expects an adjusted EBITDA margin of 43–45%. That margin range compares with a 45.2% consensus estimate and 50.9% in the previous year. Cerillion said its pipeline an
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