Craneware resets revenue expectations following cyber disruption
Craneware ($CRW) reset its fiscal 2027 revenue expectations to approximately $185 million following a cyber incident and uncertainty around customer engagement. The revised outlook follows fiscal 2026 revenue of $206 million, broadly unchanged from the previous year. Adjusted EBITDA increased 3% to $67.1 million, while pre-tax profit rose 7% to $25.8 million. Annual recurring revenue stood at $185 million, and net revenue retention declined to 100% from 107%. Craneware said the incident had been
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