Team Internet pleased with first-quarter performance
13th May 2024 10:43
(Sharecast News) - Team Internet Group reported organic revenue growth of 8% for the 12 months through March on Monday, with gross revenue increasing 1% to $195.9m in the first quarter year-on-year, while net revenue rose 4% to $47.6m, with a gross margin increase from 23.5% to 24.3%.
Read moreTeam Internet acquires Shinez in $42m deal
19th Mar 2024 12:29
(Sharecast News) - Digital marketing specialist Team Internet Group announced the acquisition of Shinez and its subsidiaries on Tuesday to strengthen its portfolio and presence in the online marketing sector.
Read moreBerenberg nudges up target price on Team Internet Group
18th Mar 2024 16:58
(Sharecast News) - Analysts at Berenberg slightly raised their target price on global internet business Team Internet Group on Monday after the group's full-year results came in "marginally ahead" of numbers provided at the time of its trading update on 29 January.
Read moreTeam Internet flags record-breaking gross revenue
29th Jan 2024 14:03
(Sharecast News) - Team Internet Group said in a trading update on Monday that it anticipated reporting record-breaking gross revenue of $835m for 2023, making for a 15% increase compared to the prior year.
Read moreTeam Internet capital reduction gets court approval
8th Dec 2023 13:34
(Sharecast News) - Team Internet Group has received approval from the High Court of England for the proposed cancellation of its share premium account as part of its capital reduction, it announced on Friday.
Read moreTeam Internet revenue rises in first nine months
13th Nov 2023 11:29
(Sharecast News) - Team Internet Group reported a 16% year-on-year increase in revenue in the first nine months of the year on Monday, as well as an 11% rise in adjusted EBITDA and a positive outlook for the rest of the year.
Read moreCentralNic rebrands as Team Internet Group
11th Oct 2023 13:13
(Sharecast News) - CentralNic Group announced that it has officially rebranded to Team Internet Group on Wednesday, following a decision subject to shareholder approval, first reported on 4 September.
Read moreInnovation Group accepts Carlyle Group's takeover bid
1st Sep 2015 09:35
(ShareCast News) - Insurance software provider Innovation Group has agreed to a £499m takeover bid from private equity firm Carlyle Group. Under the agreement, the London-listed company will receive 40p per share in cash, which represents a 13.5% premium to Innovation's closing price on Thursday. I
Read moreInnovation surges after confirming advanced takeover talks with Carlyle
28th Aug 2015 11:19
(ShareCast News) - Shares in Innovation Group surged after the London-listed software provider responded to press speculation by confirming that it is in advanced talks about a 40p-a-share takeover by US buyout firm Carlyle. Innovation said: "A further announcement may be made shortly and will be ma
Read moreInnovation Group announces £46m software deal with unnamed UK insurer
17th Jun 2015 08:22
Innovation Group announced that it has secured a £46m, ten-year deal, in which the software provider will supply a range of products to an unnamed UK insurer. The client will adopt Innovation's insurer policy, insurer claims, insurer analytics and a self-service portal. Furthermore, the complete ec
Read moreInnovation Group says contract complications will impact full-year results
1st Apr 2015 14:38
Innovation Group's shares sank on Wednesday after the company admitted its full-year results will be impacted by slippage in a number of software contracts. However, it expects its profits to be in line with market forecasts. The software provider said a decline in contract prices and weather condi
Read moreInnovation Group signs renewal agreement with long-term partner
9th Jul 2014 08:51
The Innovation Group has received a contract renewal from an unnamed South African subsidiary of one of the world's leading motor manufacturers. The contract is expected to provide the group with estimated revenues of more than £10m over the the length of the contract. Innovation, which provides
Read moreMonday broker round-up UPDATE
17th Mar 2014 08:31
Admiral Group: Credit Suisse raises target price from 1340p to 1425p and keeps a neutral rating. African Barrick Gold: Canaccord Genuity ups target price from 315p to 330p and maintains a buy recommendation. Amara Mining: Canaccord Genuity moves target price from 25p to 33p and reiterates its buy
Read moreWednesday broker round-up UPDATE
4th Dec 2013 09:21
Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betfair: Citi raises target price from 1150p to 1225p maintaining a buy recommendation. Brewin Dolphin: Canaccord Genuity increases target price from 285
Read moreMonday broker round-up UPDATE
2nd Dec 2013 08:22
Aberdeen Asset Management: Credit Suisse raises target price from 465p to 515p and maintains a neutral rating. Admiral Group: Citi moves target price from 1215p to 1220p and retains a neutral rating. AVEVA Group: Numis upgrades to buy with a target price of 2980p. AZ Electronic Materials: Deutsch
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